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Index Trend Analysis Report
Prepared for you on Thursday, November 7, 2024.
S&P/ASX Australian Government Bond 1-5 Year Index (CME:SPBDAGIT)
Bear Market Rally (-75) - SPBDAGIT is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPBDAGIT as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for SPBDAGIT
The long-term trend has been DOWN since Nov 5th, 2024 at 139.47
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 140.08
The short-term trend has been UP since Nov 6th, 2024 at 139.92
Smart Scan Analysis for SPBDAGIT
Based on our trend formula, SPBDAGIT is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 139.53 | 139.55 | 139.53 | 139.54 | +0.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 139.53 | 0 | 2024-11-07 01:49:13 |