Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P/ASX Government Bond 0+ Index (CME:SPBDG0T)
Strong Uptrend (+100) - SPBDG0T is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPBDG0T continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SPBDG0T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG0T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDG0T
The long-term trend has been UP since Jun 8th, 2021 at 161.95
The intermediate-term trend has been UP since Mar 24th, 2021 at 160.49
The short-term trend has been UP since Jul 14th, 2021 at 164.49
Smart Scan Analysis for SPBDG0T
Based on our trend formula, SPBDG0T is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).