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Index Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

S&P/ASX Australian Government Inflation-Linked Bond 0+ Index (CME:SPBAGI0T)

Countertrend Up (+85) - SPBAGI0T 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 SPBAGI0T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAGI0T.

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

CME_SPBAGI0T
Open High Low SPBAGI0T Price Change
165.21 165.52 165.21 165.44 +0.36
Entry Signal

MarketClub’s Trade Triangles for SPBAGI0T

long term up The long-term trend has been UP since Dec 6th, 2023 at 162.59

intermediate term up The intermediate-term trend has been UP since Jul 15th, 2024 at 166.09

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 165.75

Smart Scan Analysis for SPBAGI0T

Based on our trend formula, SPBAGI0T is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBAGI0T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
165.21 165.52 165.21 165.44 +0.36
Prev. Close Volume Bid Ask Time
165.08 0 2024-07-24 03:00:00
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