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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P/ASX Government Bond 0-5 Year Index (CME:SPBDG05T)

Weak Downtrend (-65) - SPBDG05T is showing signs of a strengthening downtrend. Monitor SPBDG05T as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPBDG05T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG05T.

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

CME_SPBDG05T
Open High Low SPBDG05T Price Change
139.55 139.55 139.48 139.48 -0.10
Entry Signal

MarketClub’s Trade Triangles for SPBDG05T

long term up The long-term trend has been UP since Nov 16th, 2023 at 136.94

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 139.85

short term down The short-term trend has been DOWN since Apr 22nd, 2024 at 139.85

Smart Scan Analysis for SPBDG05T

Based on our trend formula, SPBDG05T is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPBDG05T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
139.55 139.55 139.48 139.48 -0.10
Prev. Close Volume Bid Ask Time
139.58 0 2024-04-24 02:59:40
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