Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Long-Term Downtrend (-90) - SPBAS20T is in a strong downtrend that is likely to continue. While SPBAS20T 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 SPBAS20T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAS20T.

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

Open	High	Low	SPBAS20T Price	Change
144.69	144.82	144.54	144.82	+0.02
Entry Signal

MarketClub’s Trade Triangles for SPBAS20T

The long-term trend has been DOWN since Apr 25th, 2024 at 144.68

The intermediate-term trend has been DOWN since Apr 10th, 2024 at 146.74

The short-term trend has been DOWN since Apr 23rd, 2024 at 146.26

Smart Scan Analysis for SPBAS20T

Based on our trend formula, SPBAS20T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
144.69	144.82	144.54	144.82	+0.02
Prev. Close	Volume	Bid	Ask	Time
144.80	0			2024-04-26 03:48:05

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