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Index Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

S&P/ASX Fixed Interest 0+ Ex-Supranational & Sovereign Bond Index (CME:SPBDAXST)

Sidelines Mode (+55) - SPBDAXST is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPBDAXST
Open High Low SPBDAXST Price Change
151.59 151.78 151.59 151.78 +0.25
Entry Signal

MarketClub’s Trade Triangles for SPBDAXST

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 148.77

intermediate term up The intermediate-term trend has been UP since Jul 16th, 2024 at 152.33

short term down The short-term trend has been DOWN since Jul 21st, 2024 at 151.83

Smart Scan Analysis for SPBDAXST

Based on our trend formula, SPBDAXST is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPBDAXST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
151.59 151.78 151.59 151.78 +0.25
Prev. Close Volume Bid Ask Time
151.53 0 2024-07-24 03:00:00
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