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Index Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
S&P/ASX Australian Government Bond 20+ Year Index (CME:SPBAS21T)
Strong Downtrend (-100) - SPBAS21T is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPBAS21T continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPBAS21T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAS21T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPBAS21T
The long-term trend has been DOWN since Jun 7th, 2023 at 120.05
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 116.51
The short-term trend has been DOWN since Sep 18th, 2023 at 117.34
Smart Scan Analysis for SPBAS21T
Based on our trend formula, SPBAS21T is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 110.89 | 111.28 | 108.81 | 109.00 | -2.26 |
| Prev. Close | Volume | Bid | Ask | Time |
| 109.09 | 0 | 2023-10-02 20:28:25 |