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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P Merger Arbitrage - Short Index (CME:SPLSASUP)
Sidelines Mode (+55) - SPLSASUP 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 SPLSASUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLSASUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPLSASUP
The long-term trend has been UP since Feb 7th, 2024 at 2390.70
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2531.84
The short-term trend has been UP since Apr 19th, 2024 at 2523.25
Smart Scan Analysis for SPLSASUP
Based on our trend formula, SPLSASUP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2546.07 | 2561.93 | 2531.65 | 2557.87 | +12.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2545.57 | 0 | 2024-04-26 16:55:27 |
| 52wk High | 1930.73 | 52wk High Date | 2018-01-25 |
| 52wk Low | 1475.66 | 52wk Low Date | 2018-11-20 |