Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P/ASX Corporate Bond 0+ BBB Rating Band Index (CME:SPBDC3BT)

Sidelines Mode (+55) - SPBDC3BT 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 SPBDC3BT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC3BT.

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

Open	High	Low	SPBDC3BT Price	Change
180.07	180.12	179.98	180.03	+0.07
Entry Signal

MarketClub’s Trade Triangles for SPBDC3BT

The long-term trend has been UP since Aug 31st, 2023 at 172.69

The intermediate-term trend has been DOWN since Apr 11th, 2024 at 179.56

The short-term trend has been UP since Apr 18th, 2024 at 180.11

Smart Scan Analysis for SPBDC3BT

Based on our trend formula, SPBDC3BT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
180.07	180.12	179.98	180.03	+0.07
Prev. Close	Volume	Bid	Ask	Time
179.96	0			2024-04-19 02:59:45

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