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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
S&P/ASX Corporate Bond 0+ Index (CME:SPBDAC0T)
Crossroads (-60) - SPBDAC0T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPBDAC0T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC0T.
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 SPBDAC0T
The long-term trend has been UP since Aug 31st, 2023 at 161.83
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 167.17
The short-term trend has been DOWN since Apr 10th, 2024 at 167.68
Smart Scan Analysis for SPBDAC0T
Based on our trend formula, SPBDAC0T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 167.26 | 167.29 | 167.25 | 167.26 | +0.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 167.21 | 0 | 2024-04-18 01:21:45 |