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Index Trend Analysis Report
Prepared for you on Wednesday, November 13, 2024.
S&P/ASX Australian Government Bond 10-15 Year Index (CME:SPBAG05T)
Long-Term Downtrend (-90) - SPBAG05T is in a strong downtrend that is likely to continue. While SPBAG05T 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 SPBAG05T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG05T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPBAG05T
The long-term trend has been DOWN since Nov 3rd, 2024 at 164.61
The intermediate-term trend has been DOWN since Oct 10th, 2024 at 169.06
The short-term trend has been DOWN since Nov 12th, 2024 at 164.34
Smart Scan Analysis for SPBAG05T
Based on our trend formula, SPBAG05T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 163.40 | 163.40 | 163.25 | 163.34 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 163.32 | 0 | 2024-11-13 00:59:35 |