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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.

CME_SPBAS21T
Open High Low SPBAS21T Price Change
110.89 111.28 108.81 109.00 -2.26
Entry Signal

MarketClub’s Trade Triangles for SPBAS21T

long term down The long-term trend has been DOWN since Jun 7th, 2023 at 120.05

intermediate term down The intermediate-term trend has been DOWN since Sep 18th, 2023 at 116.51

short term down 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).

-100
Smart Scan Analysis for SPBAS21T
Strong Downtrend Sideways 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
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