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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P/ASX Australian Government Bond 0-15 Year Index (CME:SPBAS15T)

Sidelines Mode (+55) - SPBAS15T 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 SPBAS15T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAS15T.

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

CME_SPBAS15T
Open High Low SPBAS15T Price Change
146.35 146.43 146.26 146.32 +0.13
Entry Signal

MarketClub’s Trade Triangles for SPBAS15T

long term up The long-term trend has been UP since Dec 6th, 2023 at 144.12

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 146.19

short term up The short-term trend has been UP since Apr 18th, 2024 at 146.37

Smart Scan Analysis for SPBAS15T

Based on our trend formula, SPBAS15T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBAS15T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
146.35 146.43 146.26 146.32 +0.13
Prev. Close Volume Bid Ask Time
146.19 0 2024-04-19 02:59:50
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