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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

S&P/ASX Government Bond 15+ Year Index (CME:SPBAG16T)

Bull Market Weakness (+75) - SPBAG16T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBAG16T as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPBAG16T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG16T.

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

CME_SPBAG16T
Open High Low SPBAG16T Price Change
183.75 184.53 182.83 182.96 +0.17
Entry Signal

MarketClub’s Trade Triangles for SPBAG16T

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 224.72

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2022 at 179.80

short term up The short-term trend has been UP since Jun 22nd, 2022 at 168.07

Smart Scan Analysis for SPBAG16T

Based on our trend formula, SPBAG16T is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPBAG16T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
183.75 184.53 182.83 182.96 +0.17
Prev. Close Volume Bid Ask Time
182.79 0 2022-07-06 02:59:50
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