Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

S&P/ASX Australian Government Bond 0-3 Year Index (CME:SPBDAG3T)

Bull Market Weakness (+75) - SPBDAG3T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBDAG3T as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPBDAG3T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAG3T.

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

CME_SPBDAG3T
Open High Low SPBDAG3T Price Change
130.81 130.83 130.76 130.77 -0.05
Entry Signal

MarketClub’s Trade Triangles for SPBDAG3T

long term down The long-term trend has been DOWN since Apr 13th, 2021 at 130.62

intermediate term up The intermediate-term trend has been UP since May 13th, 2021 at 130.82

short term up The short-term trend has been UP since May 13th, 2021 at 130.82

Smart Scan Analysis for SPBDAG3T

Based on our trend formula, SPBDAG3T is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPBDAG3T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
130.81 130.83 130.76 130.77 -0.05
Prev. Close Volume Bid Ask Time
130.77 0 2021-05-17 20:28:50
Get a free daily analysis and signals for S&P/ASX Australian Government Bond 0-3 Year Index (SPBDAG3T) - Request Your Free Report.