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Index Trend Analysis Report

Prepared for you on Saturday, January 29, 2022.

S&P/ASX Australian Government Bond 20+ Year Index (CME:SPBAS21T)

Sidelines Mode (-55) - SPBAS21T 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 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
160.5 160.5 160.5 160.5 +1.0
Entry Signal

MarketClub’s Trade Triangles for SPBAS21T

long term down The long-term trend has been DOWN since Oct 4th, 2021 at 163.65

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 164.22

short term up The short-term trend has been UP since Jan 28th, 2022 at 159.89

Smart Scan Analysis for SPBAS21T

Based on our trend formula, SPBAS21T is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPBAS21T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
160.5 160.5 160.5 160.5 +1.0
Prev. Close Volume Bid Ask Time
160.5 0 2022-01-28 01:55:22
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