Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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
1338.13 1341.22 1338.11 1338.13 -2.67
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 down The intermediate term trend has been DOWN since May 16th, 2019 at 1341.40

short term down The short term trend has been DOWN since May 7th, 2019 at 1348.86

Smart Scan Analysis for SPLSALP

Based on a pre-defined weighted trend formula for chart analysis, SPLSALP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SPLSALP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1338.13 1341.22 1338.11 1338.13 -2.67
Prev. Close Volume Bid Ask Time
1342.68 0 2019-05-17 16:19:37
52wk High1323.4852wk High Date2018-11-29
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.