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Index Trend Analysis Report

Prepared for you on Friday, July 12, 2024.

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

Bull Market Weakness (+75) - SPBDAG5T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBDAG5T as it may be in the beginning stages of a reversal.

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
157.48 157.83 157.43 157.83 +0.28
Entry Signal

MarketClub’s Trade Triangles for SPBDAG5T

long term up The long-term trend has been UP since Jun 16th, 2024 at 159.79

intermediate term down The intermediate-term trend has been DOWN since Jun 26th, 2024 at 156.30

short term up The short-term trend has been UP since Jul 12th, 2024 at 157.74

Smart Scan Analysis for SPBDAG5T

Based on our trend formula, SPBDAG5T is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SPBDAG5T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.48 157.83 157.43 157.83 +0.28
Prev. Close Volume Bid Ask Time
157.55 0 2024-07-12 03:46:02
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