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Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

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

Long-Term Downtrend (-90) - SPBDC3BT is in a strong downtrend that is likely to continue. While SPBDC3BT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

CME_SPBDC3BT
Open High Low SPBDC3BT Price Change
178.06 178.06 178.06 178.06 +0.45
Entry Signal

MarketClub’s Trade Triangles for SPBDC3BT

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 182.12

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 179.21

short term down The short-term trend has been DOWN since Jan 17th, 2022 at 178.60

Smart Scan Analysis for SPBDC3BT

Based on our trend formula, SPBDC3BT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPBDC3BT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
178.06 178.06 178.06 178.06 +0.45
Prev. Close Volume Bid Ask Time
177.61 0 2022-01-28 01:55:22
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