Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
S&P/ASX Fixed Interest 0+ Ex-Government Bond Index (CME:SPBDAXGT)
Long-Term Uptrend (+90) - SPBDAXGT is in a strong uptrend that is likely to continue. While SPBDAXGT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPBDAXGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAXGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAXGT
The long-term trend has been UP since Jan 22nd, 2020 at 159.17
The intermediate-term trend has been UP since Aug 7th, 2020 at 162.86
The short-term trend has been UP since Sep 17th, 2020 at 163.40
Smart Scan Analysis for SPBDAXGT
Based on our trend formula, SPBDAXGT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).