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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P/ASX Government Bond 0-3 Year Index (CME:SPBDG3T)

Crossroads (-60) - SPBDG3T is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPBDG3T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDG3T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPBDG3T
Open High Low SPBDG3T Price Change
134.91 134.93 134.88 134.92 -0.01
Entry Signal

MarketClub’s Trade Triangles for SPBDG3T

long term up The long-term trend has been UP since Aug 30th, 2023 at 132.10

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 135.17

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 135.27

Smart Scan Analysis for SPBDG3T

Based on our trend formula, SPBDG3T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPBDG3T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
134.91 134.93 134.88 134.92 -0.01
Prev. Close Volume Bid Ask Time
134.93 0 2024-04-26 03:47:57
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