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Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

S&P/ASX Corporate Bond Index (CME:SPBDACPT)

Strong Uptrend (+100) - SPBDACPT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPBDACPT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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

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

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

CME_SPBDACPT
Open High Low SPBDACPT Price Change
173.22 173.22 173.22 173.22 +0.32
Entry Signal

MarketClub’s Trade Triangles for SPBDACPT

long term up The long-term trend has been UP since Jul 2nd, 2020 at 171.28

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2020 at 168.19

short term up The short-term trend has been UP since Jul 23rd, 2020 at 172.36

Smart Scan Analysis for SPBDACPT

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

+100
Smart Scan Analysis for SPBDACPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.22 173.22 173.22 173.22 +0.32
Prev. Close Volume Bid Ask Time
170.51 0 2020-08-07 03:48:23
52wk High154.54452wk High Date2018-10-30
52wk Low149.40852wk Low Date2017-12-27
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