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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P/ASX Australian Government Inflation-Linked Bond 15+ Year Index (CME:SPBAGIPT)

Long-Term Downtrend (-90) - SPBAGIPT is in a strong downtrend that is likely to continue. While SPBAGIPT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPBAGIPT
Open High Low SPBAGIPT Price Change
171.16 171.87 170.52 171.87 +0.26
Entry Signal

MarketClub’s Trade Triangles for SPBAGIPT

long term down The long-term trend has been DOWN since Apr 26th, 2024 at 170.79

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 175.95

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 175.42

Smart Scan Analysis for SPBAGIPT

Based on our trend formula, SPBAGIPT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPBAGIPT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
171.16 171.87 170.52 171.87 +0.26
Prev. Close Volume Bid Ask Time
171.61 0 2024-04-26 03:48:05
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