Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
S&P/ASX Government Inflation-Linked Bond 0-10 Year Index (CME:SPBDAI1T)
Sidelines Mode (-55) - SPBDAI1T 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 SPBDAI1T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPBDAI1T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPBDAI1T
The long-term trend has been DOWN since Oct 28th, 2021 at 150.40
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 151.05
The short-term trend has been UP since Nov 29th, 2021 at 151.33
Smart Scan Analysis for SPBDAI1T
Based on our trend formula, SPBDAI1T is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).