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Index Trend Analysis Report

Prepared for you on Tuesday, November 12, 2019.

S&P/ASX Corporate Bond BBB Rating Band Index (CME:SPBDAC4T)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_SPBDAC4T
Open High Low SPBDAC4T Price Change
179.36 179.38 179.17 179.29 +0.29
Entry Signal

MarketClub’s Trade Triangles for SPBDAC4T

long term up The long term trend has been UP since Jan 24th, 2017 at 151.313

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2019 at 179.850

short term down The short term trend has been DOWN since Oct 29th, 2019 at 179.760

Smart Scan Analysis for SPBDAC4T

Based on a pre-defined weighted trend formula for chart analysis, SPBDAC4T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SPBDAC4T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
179.36 179.38 179.17 179.29 +0.29
Prev. Close Volume Bid Ask Time
179.78 0 2019-11-11 20:28:40
52wk High165.04552wk High Date2018-10-30
52wk Low159.04552wk Low Date2017-12-27
Want to analyze S&P/ASX Corporate Bond BBB Rating Band Index SPBDAC4T or another symbol? Try our Free Index Trend Analysis Report.