Index Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
S&P/ASX Government Inflation-Linked Bond 15+ Year Index (CME:SPBAI16T)
Sidelines Mode (-55) - SPBAI16T is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 UP since Dec 28th, 2021 at 225.02
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 215.34
The short-term trend has been UP since Jan 19th, 2022 at 209.90
Smart Scan Analysis for SPBAI16T
Based on our trend formula, SPBAI16T is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).