Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
S&P/ASX Government Bond 10-15 Year Index (CME:SPBDG10T)
Bull Market Weakness (+75) - SPBDG10T is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPBDG10T as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPBDG10T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG10T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDG10T
The long-term trend has been DOWN since Jan 6th, 2021 at 202.49
The intermediate-term trend has been UP since Mar 24th, 2021 at 191.88
The short-term trend has been UP since Apr 15th, 2021 at 192.00
Smart Scan Analysis for SPBDG10T
Based on our trend formula, SPBDG10T is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).