Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, November 28, 2021.

S&P/ASX Corporate Bond 0+ AA Rating Band Index (CME:SPBDC2AT)

Bear Market Rally (-75) - SPBDC2AT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPBDC2AT as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPBDC2AT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC2AT.

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

CME_SPBDC2AT
Open High Low SPBDC2AT Price Change
157.67 157.89 157.54 157.76 +0.23
Entry Signal

MarketClub’s Trade Triangles for SPBDC2AT

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 160.20

intermediate term down The intermediate-term trend has been DOWN since Sep 6th, 2021 at 161.27

short term up The short-term trend has been UP since Nov 25th, 2021 at 157.86

Smart Scan Analysis for SPBDC2AT

Based on our trend formula, SPBDC2AT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPBDC2AT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.67 157.89 157.54 157.76 +0.23
Prev. Close Volume Bid Ask Time
157.76 0 2021-11-25 20:29:25
Get a free daily analysis and signals for S&P/ASX Corporate Bond 0+ AA Rating Band Index (SPBDC2AT) - Request Your Free Report.