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Index Trend Analysis Report

Prepared for you on Wednesday, June 12, 2024.

S&P/ASX Government Inflation-Linked Bond 15+ Year Index (CME:SPBAI16T)

Long-Term Downtrend (-90) - SPBAI16T is in a strong downtrend that is likely to continue. While SPBAI16T is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPBAI16T?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPBAI16T.

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

CME_SPBAI16T
Open High Low SPBAI16T Price Change
171.66 172.74 171.65 172.74 +1.01
Entry Signal

MarketClub’s Trade Triangles for SPBAI16T

long term down The long-term trend has been DOWN since Apr 26th, 2024 at 171.08

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 171.94

short term down The short-term trend has been DOWN since Jun 10th, 2024 at 173.47

Smart Scan Analysis for SPBAI16T

Based on our trend formula, SPBAI16T is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPBAI16T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
171.66 172.74 171.65 172.74 +1.01
Prev. Close Volume Bid Ask Time
171.73 0 2024-06-12 03:41:57
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