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Index Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

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

Long-Term Downtrend (-90) - SPBDAC4T is in a strong downtrend that is likely to continue. While SPBDAC4T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPBDAC4T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAC4T.

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

CME_SPBDAC4T
Open High Low SPBDAC4T Price Change
185.84 186.19 185.66 186.13 +0.54
Entry Signal

MarketClub’s Trade Triangles for SPBDAC4T

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 190.46

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 187.16

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 186.47

Smart Scan Analysis for SPBDAC4T

Based on our trend formula, SPBDAC4T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPBDAC4T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
185.84 186.19 185.66 186.13 +0.54
Prev. Close Volume Bid Ask Time
186.34 0 2022-01-20 20:29:50
52wk High165.04552wk High Date2018-10-30
52wk Low159.04552wk Low Date2017-12-27
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