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.
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MarketClub’s Trade Triangles for SPBAG21T
The long-term trend has been UP since Dec 18th, 2023 at 121.26
The intermediate-term trend has been DOWN since Mar 17th, 2024 at 119.61
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).
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 |