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Index Trend Analysis Report

Prepared for you on Monday, June 21, 2021.

S&P/ASX Corporate Bond 0-15 Year Index (CME:SPBAC15T)

Countertrend Up (+85) - SPBAC15T is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPBAC15T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAC15T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBAC15T
Open High Low SPBAC15T Price Change
168.67 168.67 168.67 168.67 +0.14
Entry Signal

MarketClub’s Trade Triangles for SPBAC15T

long term up The long-term trend has been UP since Jun 2nd, 2021 at 168.56

intermediate term up The intermediate-term trend has been UP since May 24th, 2021 at 168.13

short term down The short-term trend has been DOWN since Jun 14th, 2021 at 168.94

Smart Scan Analysis for SPBAC15T

Based on our trend formula, SPBAC15T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBAC15T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.67 168.67 168.67 168.67 +0.14
Prev. Close Volume Bid Ask Time
168.53 0 2021-06-21 04:04:56
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