Index Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
OMRXTBOND 1 - 30 Years Index (NASDAQ:OMRXTBOND130)
Strong Uptrend (+100) - OMRXTBOND130 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMRXTBOND130 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMRXTBOND130?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMRXTBOND130.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMRXTBOND130
The long-term trend has been UP since Nov 16th, 2023 at 890.25
The intermediate-term trend has been UP since Oct 11th, 2023 at 876.85
The short-term trend has been UP since Nov 28th, 2023 at 892.95
Smart Scan Analysis for OMRXTBOND130
Based on our trend formula, OMRXTBOND130 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).