Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

S&P/ASX Australian Fixed Interest 0+ AA Rating Band Index (CME:SPBDA2AT)

Countertrend Down (-85) - SPBDA2AT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SPBDA2AT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDA2AT.

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

Open	High	Low	SPBDA2AT Price	Change
150.82	150.82	150.48	150.49	-0.33
Entry Signal

MarketClub’s Trade Triangles for SPBDA2AT

The long-term trend has been DOWN since Apr 25th, 2024 at 150.91

The intermediate-term trend has been DOWN since Apr 11th, 2024 at 152.84

The short-term trend has been UP since Apr 30th, 2024 at 151.21

Smart Scan Analysis for SPBDA2AT

Based on our trend formula, SPBDA2AT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
150.82	150.82	150.48	150.49	-0.33
Prev. Close	Volume	Bid	Ask	Time
150.82	0			2024-05-01 02:59:15

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