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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

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

Countertrend Down (-85) - SPBAG20T is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
146.27 146.35 146.02 146.12 +0.05
Entry Signal

MarketClub’s Trade Triangles for SPBAG20T

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 161.73

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 159.65

short term up The short-term trend has been UP since May 11th, 2022 at 145.45

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
146.27 146.35 146.02 146.12 +0.05
Prev. Close Volume Bid Ask Time
146.07 0 2022-05-16 19:49:40
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