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Index Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

S&P/ASX Corporate Bond 0+ A Rating Band Index (CME:SPBDC1AT)

Sidelines Mode (+55) - SPBDC1AT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBDC1AT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC1AT.

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

CME_SPBDC1AT
Open High Low SPBDC1AT Price Change
167.97 167.97 167.97 167.97 +0.20
Entry Signal

MarketClub’s Trade Triangles for SPBDC1AT

long term down The long-term trend has been DOWN since Feb 24th, 2021 at 167.50

intermediate term up The intermediate-term trend has been UP since May 7th, 2021 at 168.04

short term down The short-term trend has been DOWN since May 11th, 2021 at 167.81

Smart Scan Analysis for SPBDC1AT

Based on our trend formula, SPBDC1AT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBDC1AT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
167.97 167.97 167.97 167.97 +0.20
Prev. Close Volume Bid Ask Time
167.77 0 2021-05-12 03:54:15
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