Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
OMRX Treasury Bill Index (NASDAQ:OMRXTBILL)
Strong Downtrend (-100) - OMRXTBILL is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMRXTBILL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMRXTBILL?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBILL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXTBILL
The long-term trend has been DOWN since Jan 23rd, 2019 at 3150.14
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 3124.70
The short-term trend has been DOWN since Dec 7th, 2021 at 3123.69
Smart Scan Analysis for OMRXTBILL
Based on our trend formula, OMRXTBILL is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).