Index Trend Analysis Report
Prepared for you on Friday, January 15, 2021.
S&P/ASX Government Inflation-Linked Bond 0+ Index (CME:SPBDAI0T)
Crossroads (-60) - SPBDAI0T 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 SPBDAI0T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAI0T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAI0T
The long-term trend has been UP since Jul 7th, 2020 at 165.33
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 173.11
The short-term trend has been DOWN since Jan 5th, 2021 at 173.72
Smart Scan Analysis for SPBDAI0T
Based on our trend formula, SPBDAI0T is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).