Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P/ASX Australian Fixed Interest 15+ Year Index (CME:SPBA16T)

Sidelines Mode (+55) - SPBA16T 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 SPBA16T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBA16T.

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

Open	High	Low	SPBA16T Price	Change
171.45	171.83	171.21	171.64	+0.76
Entry Signal

MarketClub’s Trade Triangles for SPBA16T

The long-term trend has been UP since Dec 13th, 2023 at 172.09

The intermediate-term trend has been DOWN since Apr 11th, 2024 at 171.33

The short-term trend has been UP since Apr 18th, 2024 at 171.91

Smart Scan Analysis for SPBA16T

Based on our trend formula, SPBA16T 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
171.45	171.83	171.21	171.64	+0.76
Prev. Close	Volume	Bid	Ask	Time
170.88	0			2024-04-19 03:50:07

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