Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
S&P ASX GOVT INFLATION-LINKED BOND (CME:SPBDAIBT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDAIBT
The long term trend has been DOWN since Feb 5th, 2018 at 142.669
The intermediate term trend has been DOWN since Jan 21st, 2018 at 143.915
The short term trend has been DOWN since Feb 20th, 2018 at 144.041
Smart Scan Analysis for SPBDAIBT
Based on a pre-defined weighted trend formula for chart analysis, SPBDAIBT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||146.31||52wk High Date||2017-11-29|
|52wk Low||138.038||52wk Low Date||2017-03-10|