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Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

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

Weak Downtrend (-65) - SPBAS52T is showing signs of a strengthening downtrend. Monitor SPBAS52T as it may be building momentum to the downside.

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
136.04 136.37 135.19 135.28 -0.89
Entry Signal

MarketClub’s Trade Triangles for SPBAS52T

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 133.22

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

short term up The short-term trend has been UP since Apr 29th, 2024 at 134.20

Smart Scan Analysis for SPBAS52T

Based on our trend formula, SPBAS52T is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SPBAS52T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
136.04 136.37 135.19 135.28 -0.89
Prev. Close Volume Bid Ask Time
136.17 0 2024-05-08 18:41:15
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