Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

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

Crossroads (-60) - SPBDC2AT 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 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.

Open	High	Low	SPBDC2AT Price	Change
159.90	159.90	159.80	159.80	-0.16
Entry Signal

MarketClub’s Trade Triangles for SPBDC2AT

The long-term trend has been UP since Aug 31st, 2023 at 155.78

The intermediate-term trend has been DOWN since Apr 16th, 2024 at 160.21

The short-term trend has been DOWN since Apr 23rd, 2024 at 160.24

Smart Scan Analysis for SPBDC2AT

Based on our trend formula, SPBDC2AT 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
159.90	159.90	159.80	159.80	-0.16
Prev. Close	Volume	Bid	Ask	Time
159.91	0			2024-04-24 02:59:40

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