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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2024.

S&P/ASX Australian Fixed Interest 0-3 Year Index (CME:SPBDA3T)

Countertrend Up (+85) - SPBDA3T 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 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.

CME_SPBDA3T
Open High Low SPBDA3T Price Change
140.07 140.09 140.05 140.09 +0.02
Entry Signal

MarketClub’s Trade Triangles for SPBDA3T

long term up The long-term trend has been UP since Aug 8th, 2023 at 135.80

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 139.82

short term down The short-term trend has been DOWN since May 20th, 2024 at 140.15

Smart Scan Analysis for SPBDA3T

Based on our trend formula, SPBDA3T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBDA3T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
140.07 140.09 140.05 140.09 +0.02
Prev. Close Volume Bid Ask Time
140.07 0 2024-05-24 03:50:25
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