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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

S&P/ASX Government Bond 0-20 Year Index (CME:SPBAG20T)

Countertrend Up (+85) - SPBAG20T 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 SPBAG20T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG20T.

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

CME_SPBAG20T
Open High Low SPBAG20T Price Change
163.13 163.13 163.13 163.13 +0.15
Entry Signal

MarketClub’s Trade Triangles for SPBAG20T

long term up The long-term trend has been UP since Feb 3rd, 2020 at 161.30

intermediate term up The intermediate-term trend has been UP since May 4th, 2020 at 162.80

short term down The short-term trend has been DOWN since May 27th, 2020 at 162.85

Smart Scan Analysis for SPBAG20T

Based on our trend formula, SPBAG20T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBAG20T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
163.13 163.13 163.13 163.13 +0.15
Prev. Close Volume Bid Ask Time
162.60 0 2020-05-29 04:09:45
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