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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.
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MarketClub’s Trade Triangles for SPBAC15T
The long-term trend has been UP since Jun 2nd, 2021 at 168.56
The intermediate-term trend has been UP since May 24th, 2021 at 168.13
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).
| 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 |