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Index Trend Analysis Report

Prepared for you on Friday, December 6, 2019.

S&P/ASX Australian Government Bond 0-20 Year Index (CME:SPBAS20T)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPBAS20T
Open High Low SPBAS20T Price Change
158.22 158.22 157.74 157.79 -0.25
Entry Signal

MarketClub’s Trade Triangles for SPBAS20T

long term down The long term trend has been DOWN since Nov 5th, 2019 at 156.37

intermediate term up The intermediate term trend has been UP since Nov 20th, 2019 at 157.92

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 157.91

Smart Scan Analysis for SPBAS20T

Based on a pre-defined weighted trend formula for chart analysis, SPBAS20T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SPBAS20T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.22 158.22 157.74 157.79 -0.25
Prev. Close Volume Bid Ask Time
157.79 0 2019-12-05 20:29:10
Want to analyze S&P/ASX Australian Government Bond 0-20 Year Index SPBAS20T or another symbol? Try our Free Index Trend Analysis Report.