Index Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
S&P/ASX Government Inflation-Linked Bond 0-10 Year Index (CME:SPBDAI1T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPBDAI1T
The long term trend has been UP since Dec 3rd, 2018 at 135.82
The intermediate term trend has been UP since Jul 24th, 2019 at 143.13
The short term trend has been DOWN since Aug 23rd, 2019 at 144.06
Smart Scan Analysis for SPBDAI1T
Based on a pre-defined weighted trend formula for chart analysis, SPBDAI1T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).