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Index Trend Analysis Report

Prepared for you on Tuesday, January 31, 2023.

S&P/ASX Australian Government Bond 1-5 Year Index (CME:SPBDAGIT)

Countertrend Up (+85) - SPBDAGIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPBDAGIT
Open High Low SPBDAGIT Price Change
134.04 134.04 134.04 134.04 -0.04
Entry Signal

MarketClub’s Trade Triangles for SPBDAGIT

long term up The long-term trend has been UP since Aug 2nd, 2022 at 133.94

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2023 at 133.44

short term down The short-term trend has been DOWN since Jan 30th, 2023 at 133.86

Smart Scan Analysis for SPBDAGIT

Based on our trend formula, SPBDAGIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPBDAGIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.04 134.04 134.04 134.04 -0.04
Prev. Close Volume Bid Ask Time
133.87 0 2023-01-31 01:48:09
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