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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P/ASX Government Bond 20+ Year Index (CME:SPBAG21T)
Sidelines Mode (+55) - SPBAG21T is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 3rd, 2024 at 128.83
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 116.63
The short-term trend has been UP since Dec 23rd, 2024 at 120.68
Smart Scan Analysis for SPBAG21T
Based on our trend formula, SPBAG21T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 117.69 | 118.05 | 117.69 | 117.96 | +0.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 117.65 | 0 | 2024-12-26 18:39:20 |