Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P/ASX Government Bond 20+ Year Index (CME:SPBAG21T)

Bull Market Weakness (+75) - SPBAG21T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBAG21T as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPBAG21T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAG21T.

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

CME_SPBAG21T
Open High Low SPBAG21T Price Change
124.40 124.75 124.40 124.75 +0.56
Entry Signal

MarketClub’s Trade Triangles for SPBAG21T

long term up The long-term trend has been UP since Dec 18th, 2023 at 121.26

intermediate term down The intermediate-term trend has been DOWN since Mar 17th, 2024 at 119.61

short term up The short-term trend has been UP since Mar 19th, 2024 at 122.10

Smart Scan Analysis for SPBAG21T

Based on our trend formula, SPBAG21T is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPBAG21T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.40 124.75 124.40 124.75 +0.56
Prev. Close Volume Bid Ask Time
124.75 0 2024-03-28 02:52:40
Get a free daily analysis and signals for S&P/ASX Government Bond 20+ Year Index (SPBAG21T) - Request Your Free Report.