Index Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
S&P/ASX Australian Government Bond 10+ Year Index (CME:SPBDAGTT)
Countertrend Up (+85) - SPBDAGTT 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 SPBDAGTT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAGTT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAGTT
The long-term trend has been UP since Dec 1st, 2022 at 169.16
The intermediate-term trend has been UP since Mar 6th, 2023 at 165.71
The short-term trend has been DOWN since Mar 28th, 2023 at 172.77
Smart Scan Analysis for SPBDAGTT
Based on our trend formula, SPBDAGTT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).