Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, September 15, 2024.
S&P/ASX Corporate Bond 5-10 Year Index (CME:SPBDC5T)
Long-Term Uptrend (+90) - SPBDC5T is in a strong uptrend that is likely to continue. While SPBDC5T is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPBDC5T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDC5T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPBDC5T
The long-term trend has been UP since Dec 5th, 2023 at 196.78
The intermediate-term trend has been UP since Jul 15th, 2024 at 209.59
The short-term trend has been UP since Sep 3rd, 2024 at 215.84
Smart Scan Analysis for SPBDC5T
Based on our trend formula, SPBDC5T is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 218.62 | 218.80 | 218.36 | 218.39 | -0.15 |
| Prev. Close | Volume | Bid | Ask | Time |
| 218.54 | 0 | 2024-09-15 22:30:15 |