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Index Trend Analysis Report

Prepared for you on Friday, November 22, 2019.

S&P/ASX Supranational & Sovereign Bond Index (CME:SPBDASAT)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_SPBDASAT
Open High Low SPBDASAT Price Change
161.19 161.19 160.74 160.76 -0.35
Entry Signal

MarketClub’s Trade Triangles for SPBDASAT

long term down The long term trend has been DOWN since Nov 7th, 2019 at 159.38

intermediate term up The intermediate term trend has been UP since Nov 14th, 2019 at 160.56

short term up The short term trend has been UP since Nov 12th, 2019 at 159.97

Smart Scan Analysis for SPBDASAT

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

+60
Smart Scan Analysis for SPBDASAT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.19 161.19 160.74 160.76 -0.35
Prev. Close Volume Bid Ask Time
160.01 0 2019-11-21 20:29:25
52wk High148.27752wk High Date2018-11-29
52wk Low143.10752wk Low Date2018-01-22
Want to analyze S&P/ASX Supranational & Sovereign Bond Index SPBDASAT or another symbol? Try our Free Index Trend Analysis Report.