Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
S&P/ASX Australian Fixed Interest 0-3 Year Index (CME:SPBDA3T)
Bull Market Weakness (+75) - SPBDA3T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBDA3T as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBDA3T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDA3T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDA3T
The long-term trend has been DOWN since Mar 4th, 2021 at 135.59
The intermediate-term trend has been UP since Mar 24th, 2021 at 135.93
The short-term trend has been UP since Apr 12th, 2021 at 135.81
Smart Scan Analysis for SPBDA3T
Based on our trend formula, SPBDA3T is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).