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Index Trend Analysis Report
Prepared for you on Tuesday, May 21, 2024.
S&P/ASX Government Bond 10+ Year Index (CME:SPBDG1PT)
Sidelines Mode (+55) - SPBDG1PT 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 SPBDG1PT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG1PT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPBDG1PT
The long-term trend has been DOWN since Apr 25th, 2024 at 163.35
The intermediate-term trend has been UP since May 15th, 2024 at 166.58
The short-term trend has been DOWN since May 20th, 2024 at 166.75
Smart Scan Analysis for SPBDG1PT
Based on our trend formula, SPBDG1PT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 166.63 | 166.87 | 166.44 | 166.70 | +0.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 166.54 | 0 | 2024-05-21 18:55:10 |