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Index Trend Analysis Report

Prepared for you on Monday, April 15, 2024.

S&P/ASX Australian Government Bond 15-20 Year Index (CME:SPBAS52T)

Crossroads (-60) - SPBAS52T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBAS52T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAS52T.

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

CME_SPBAS52T
Open High Low SPBAS52T Price Change
136.51 136.51 136.10 136.30 -0.04
Entry Signal

MarketClub’s Trade Triangles for SPBAS52T

long term up The long-term trend has been UP since Dec 13th, 2023 at 136.02

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 136.74

short term down The short-term trend has been DOWN since Apr 8th, 2024 at 137.01

Smart Scan Analysis for SPBAS52T

Based on our trend formula, SPBAS52T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBAS52T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.51 136.51 136.10 136.30 -0.04
Prev. Close Volume Bid Ask Time
136.34 0 2024-04-15 03:43:29
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