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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

S&P/ASX Australian Fixed Interest 0-20 Year Index (CME:SPBA20T)

Sidelines Mode (+55) - SPBA20T 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 SPBA20T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBA20T.

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

CME_SPBA20T
Open High Low SPBA20T Price Change
152.25 152.32 152.18 152.32 +0.07
Entry Signal

MarketClub’s Trade Triangles for SPBA20T

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 150.21

intermediate term up The intermediate-term trend has been UP since May 15th, 2024 at 152.41

short term down The short-term trend has been DOWN since May 20th, 2024 at 152.76

Smart Scan Analysis for SPBA20T

Based on our trend formula, SPBA20T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBA20T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
152.25 152.32 152.18 152.32 +0.07
Prev. Close Volume Bid Ask Time
152.32 0 2024-05-24 03:50:25
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