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Index Trend Analysis Report

Prepared for you on Wednesday, February 21, 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 negative trend to resume. Downtrend 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
1259.88 0.00 1259.63 1259.79 -0.22
Entry Signal

MarketClub’s Trade Triangles for SPLSALP

long term down The long term trend has been DOWN since Feb 5th, 2018 at 1263.16

intermediate term down The intermediate term trend has been DOWN since Jan 16th, 2018 at 1273.43

short term up The short term trend has been UP since Feb 16th, 2018 at 1256.93

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
1259.88 0.00 1259.63 1259.79 -0.22
Prev. Close Volume Bid Ask Time
1260.01 0 2018-02-21 04:12:37
52wk High1279.7752wk High Date2018-01-11
52wk Low1236.0752wk Low Date2017-03-20
Want to analyze S&P LONG/SHORT MERGER ARBITRAGE INDEX LC SPLSALP or another symbol? Try our Free Index Trend Analysis Report.