Index Trend Analysis Report
Prepared for you on Sunday, June 13, 2021.
S&P/ASX Australian Government Bond 0-5 Year Index (CME:SPBDAGHT)
Strong Uptrend (+100) - SPBDAGHT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPBDAGHT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPBDAGHT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAGHT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAGHT
The long-term trend has been UP since Jun 9th, 2021 at 137.84
The intermediate-term trend has been UP since May 10th, 2021 at 137.69
The short-term trend has been UP since Jun 3rd, 2021 at 137.77
Smart Scan Analysis for SPBDAGHT
Based on our trend formula, SPBDAGHT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).