Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P/ASX Corporate Bond 0-10 Year Index (CME:SPBDC01T)

Crossroads (-60) - SPBDC01T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBDC01T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC01T.

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

Open	High	Low	SPBDC01T Price	Change
166.49	166.64	166.40	166.64	+0.09
Entry Signal

MarketClub’s Trade Triangles for SPBDC01T

The long-term trend has been UP since Aug 31st, 2023 at 162.07

The intermediate-term trend has been DOWN since Apr 11th, 2024 at 167.46

The short-term trend has been DOWN since Apr 23rd, 2024 at 167.51

Smart Scan Analysis for SPBDC01T

Based on our trend formula, SPBDC01T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
166.49	166.64	166.40	166.64	+0.09
Prev. Close	Volume	Bid	Ask	Time
166.55	0			2024-04-26 03:48:05

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