Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P/ASX Fixed Interest 0+ Ex-Government Bond Index (CME:SPBDAXGT)

Crossroads (-60) - SPBDAXGT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPBDAXGT
Open High Low SPBDAXGT Price Change
161.58 161.58 161.46 161.48 -0.17
Entry Signal

MarketClub’s Trade Triangles for SPBDAXGT

long term up The long-term trend has been UP since Nov 28th, 2023 at 157.61

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 161.87

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 161.93

Smart Scan Analysis for SPBDAXGT

Based on our trend formula, SPBDAXGT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBDAXGT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.58 161.58 161.46 161.48 -0.17
Prev. Close Volume Bid Ask Time
161.65 0 2024-04-24 02:59:45
Get a free daily analysis and signals for S&P/ASX Fixed Interest 0+ Ex-Government Bond Index (SPBDAXGT) - Request Your Free Report.