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Index Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

S&P/ASX Corporate Bond AA Rating Band Index (CME:SPBDAC2T)

Crossroads (-60) - SPBDAC2T 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 SPBDAC2T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC2T.

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

CME_SPBDAC2T
Open High Low SPBDAC2T Price Change
158.37 158.51 158.33 158.51 +0.23
Entry Signal

MarketClub’s Trade Triangles for SPBDAC2T

long term up The long-term trend has been UP since Sep 1st, 2023 at 159.19

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2023 at 158.25

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 158.80

Smart Scan Analysis for SPBDAC2T

Based on our trend formula, SPBDAC2T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBDAC2T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.37 158.51 158.33 158.51 +0.23
Prev. Close Volume Bid Ask Time
158.28 0 2023-09-27 03:54:37
52wk High149.14952wk High Date2018-10-30
52wk Low144.42952wk Low Date2018-01-22
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