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Index Trend Analysis Report

Prepared for you on Sunday, September 22, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPBDAC2T
Open High Low SPBDAC2T Price Change
161.06 161.06 161.06 161.06 +0.26
Entry Signal

MarketClub’s Trade Triangles for SPBDAC2T

long term up The long term trend has been UP since Dec 19th, 2018 at 149.789

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2019 at 160.902

short term up The short term trend has been UP since Sep 19th, 2019 at 160.430

Smart Scan Analysis for SPBDAC2T

Based on a pre-defined weighted trend formula for chart analysis, SPBDAC2T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SPBDAC2T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.06 161.06 161.06 161.06 +0.26
Prev. Close Volume Bid Ask Time
156.96 0 2019-09-20 03:47:47
52wk High149.14952wk High Date2018-10-30
52wk Low144.42952wk Low Date2018-01-22
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