Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, December 26, 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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPBAI16T
The long-term trend has been DOWN since Oct 21st, 2024 at 169.04
The intermediate-term trend has been DOWN since Dec 15th, 2024 at 170.56
The short-term trend has been DOWN since Dec 11th, 2024 at 172.95
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 167.67 | 167.67 | 167.67 | 167.67 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 169.25 | 0 | 2024-12-24 00:59:55 |