Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
S&P/ASX Australian Fixed Interest 0-5 Year Index (CME:SPBDA05T)
Bull Market Weakness (+75) - SPBDA05T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBDA05T as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBDA05T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDA05T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDA05T
The long-term trend has been DOWN since Feb 22nd, 2021 at 144.18
The intermediate-term trend has been UP since Mar 24th, 2021 at 144.17
The short-term trend has been UP since Apr 28th, 2021 at 144.11
Smart Scan Analysis for SPBDA05T
Based on our trend formula, SPBDA05T is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).