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Index Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

S&P/ASX Corporate Bond A Rating Band Index (CME:SPBDAC3T)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_SPBDAC3T
Open High Low SPBDAC3T Price Change
168.25 168.31 168.11 168.16 +0.28
Entry Signal

MarketClub’s Trade Triangles for SPBDAC3T

long term down The long term trend has been DOWN since Nov 7th, 2019 at 166.88

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2019 at 168.10

short term up The short term trend has been UP since Nov 13th, 2019 at 167.55

Smart Scan Analysis for SPBDAC3T

Based on a pre-defined weighted trend formula for chart analysis, SPBDAC3T scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SPBDAC3T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.25 168.31 168.11 168.16 +0.28
Prev. Close Volume Bid Ask Time
167.87 0 2019-11-14 20:29:40
52wk High155.21352wk High Date2018-10-30
52wk Low150.16752wk Low Date2018-01-22
Want to analyze S&P/ASX Corporate Bond A Rating Band Index SPBDAC3T or another symbol? Try our Free Index Trend Analysis Report.