Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P Merger Arbitrage Index LCL (CME:SPLSALP)
Crossroads (-60) - SPLSALP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPLSALP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLSALP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPLSALP
The long-term trend has been UP since Aug 31st, 2021 at 1528.59
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 1544.15
The short-term trend has been DOWN since Dec 31st, 2021 at 1553.69
Smart Scan Analysis for SPLSALP
Based on our trend formula, SPLSALP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1323.48||52wk High Date||2018-11-29|
|52wk Low||1220.13||52wk Low Date||2018-04-24|