Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
S&P ASX AUSTRALIAN FIXED INTERES 1-5 YEAR (CME:SPBDAS1T)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 Jan 7th, 2018 at 133.702
The short term trend has been DOWN since Jan 14th, 2018 at 133.520
Smart Scan Analysis for SPBDAS1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAS1T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||133.982||52wk High Date||2017-11-30|
|52wk Low||129.865||52wk Low Date||2017-02-16|
|Contract High||0.0169||Contract High Date||2013-10-16|
|Contract Low||0.0014||Contract Low Date||2013-10-29|