Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
S&P ASX AUSTRALIAN FIXED INTERES 1-5 YEAR (CME:SPBDAS1T)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDAS1T
The long term trend has been UP since Mar 20th, 2017 at 130.839
The intermediate term trend has been UP since Apr 30th, 2018 at 134.321
The short term trend has been DOWN since Jul 16th, 2018 at 135.266
Smart Scan Analysis for SPBDAS1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAS1T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||135.435||52wk High Date||2018-07-16|
|52wk Low||131.83||52wk Low Date||2017-07-20|
|Contract High||0.0169||Contract High Date||2013-10-16|
|Contract Low||0.0014||Contract Low Date||2013-10-29|