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Index Trend Analysis Report
Prepared for you on Thursday, November 7, 2024.
S&P/ASX Government Bond 1-5 Year Index (CME:SPBDG1T)
Bear Market Rally (-75) - SPBDG1T is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPBDG1T as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPBDG1T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG1T.
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 SPBDG1T
The long-term trend has been DOWN since Nov 5th, 2024 at 143.10
The intermediate-term trend has been DOWN since Oct 4th, 2024 at 144.50
The short-term trend has been UP since Nov 5th, 2024 at 143.64
Smart Scan Analysis for SPBDG1T
Based on our trend formula, SPBDG1T is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 143.20 | 143.27 | 143.20 | 143.27 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 143.20 | 0 | 2024-11-07 01:49:10 |