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Index Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

S&P/ASX Government Bond 1-5 Year Index (CME:SPBDG1T)

Countertrend Up (+85) - SPBDG1T is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

CME_SPBDG1T
Open High Low SPBDG1T Price Change
135.45 135.46 135.36 135.45 +0.08
Entry Signal

MarketClub’s Trade Triangles for SPBDG1T

long term up The long-term trend has been UP since Aug 2nd, 2022 at 136.75

intermediate term up The intermediate-term trend has been UP since Jun 30th, 2022 at 134.80

short term up The short-term trend has been UP since Aug 15th, 2022 at 135.71

Smart Scan Analysis for SPBDG1T

Based on our trend formula, SPBDG1T is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SPBDG1T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
135.45 135.46 135.36 135.45 +0.08
Prev. Close Volume Bid Ask Time
135.37 0 2022-08-18 04:06:33
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