Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P/ASX Australian Fixed Interest 1-5 Year Index (CME:SPBDAS1T)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for SPBDAS1T
The long term trend has been UP since Apr 23rd, 2019 at 140.055
The intermediate term trend has been UP since Nov 14th, 2019 at 143.800
The short term trend has been UP since Nov 12th, 2019 at 143.410
Smart Scan Analysis for SPBDAS1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAS1T scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||136.657||52wk High Date||2018-11-29|
|52wk Low||133.112||52wk Low Date||2018-01-19|
|Contract High||0.0169||Contract High Date||2013-10-16|
|Contract Low||0.0014||Contract Low Date||2013-10-29|