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Index Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

S&P/ASX Australian Government Bond 10-15 Year Index (CME:SPBAG05T)

Countertrend Up (+85) - SPBAG05T is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

CME_SPBAG05T
Open High Low SPBAG05T Price Change
169.41 169.71 169.36 169.62 +0.24
Entry Signal

MarketClub’s Trade Triangles for SPBAG05T

long term up The long-term trend has been UP since Dec 4th, 2024 at 178.82

intermediate term up The intermediate-term trend has been UP since Nov 18th, 2024 at 168.01

short term down The short-term trend has been DOWN since Dec 11th, 2024 at 169.92

Smart Scan Analysis for SPBAG05T

Based on our trend formula, SPBAG05T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBAG05T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
169.41 169.71 169.36 169.62 +0.24
Prev. Close Volume Bid Ask Time
169.38 0 2024-12-13 01:44:05
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