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Index Trend Analysis Report

Prepared for you on Tuesday, May 11, 2021.

S&P/ASX Australian Government Bond 5-10 Year Index (CME:SPBDAG5T)

Crossroads (+60) - SPBDAG5T 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 SPBDAG5T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAG5T.

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

CME_SPBDAG5T
Open High Low SPBDAG5T Price Change
173.26 173.27 173.01 173.12 -0.38
Entry Signal

MarketClub’s Trade Triangles for SPBDAG5T

long term down The long-term trend has been DOWN since Jan 6th, 2021 at 177.80

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 172.95

short term up The short-term trend has been UP since Apr 28th, 2021 at 172.66

Smart Scan Analysis for SPBDAG5T

Based on our trend formula, SPBDAG5T is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPBDAG5T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
173.26 173.27 173.01 173.12 -0.38
Prev. Close Volume Bid Ask Time
173.12 0 2021-05-10 20:28:25
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