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Index Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

S&P LONG/SHORT MERGER ARBITRAGE INDEX LC (CME:SPLSALP)

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.

CME_SPLSALP
Open High Low SPLSALP Price Change
1295.52 1296.23 1294.72 1296.09 +1.03
Entry Signal

MarketClub’s Trade Triangles for SPLSALP

long term up The long term trend has been UP since Jun 7th, 2018 at 1253.73

intermediate term up The intermediate term trend has been UP since May 16th, 2018 at 1237.36

short term down The short term trend has been DOWN since Sep 20th, 2018 at 1294.85

Smart Scan Analysis for SPLSALP

Based on a pre-defined weighted trend formula for chart analysis, SPLSALP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for SPLSALP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1295.52 1296.23 1294.72 1296.09 +1.03
Prev. Close Volume Bid Ask Time
1295.06 0 2018-09-20 14:39:57
52wk High1296.7252wk High Date2018-09-19
52wk Low1220.1352wk Low Date2018-04-24
Want to analyze S&P LONG/SHORT MERGER ARBITRAGE INDEX LC SPLSALP or another symbol? Try our Free Index Trend Analysis Report.