Index Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
S&P/ASX Government Inflation-Linked Bond 15+ Year Index (CME:SPBAI16T)
Crossroads (+60) - SPBAI16T 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 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 Feb 1st, 2021 at 207.87
The intermediate-term trend has been UP since Apr 15th, 2021 at 199.75
The short-term trend has been UP since May 5th, 2021 at 199.90
Smart Scan Analysis for SPBAI16T
Based on our trend formula, SPBAI16T is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).