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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Merger Arbitrage Index LCL (CME:SPLSALP)

Weak Downtrend (-65) - SPLSALP is showing signs of a strengthening downtrend. Monitor SPLSALP as it may be building momentum to the downside.

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.

CME_SPLSALP
Open High Low SPLSALP Price Change
1580.70 1581.04 1572.38 1573.61 -7.33
Entry Signal

MarketClub’s Trade Triangles for SPLSALP

long term up The long-term trend has been UP since Jun 16th, 2023 at 1471.01

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 1579.56

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 1584.73

Smart Scan Analysis for SPLSALP

Based on our trend formula, SPLSALP is rated as a -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
1580.70 1581.04 1572.38 1573.61 -7.33
Prev. Close Volume Bid Ask Time
1580.94 0 2024-04-19 09:26:42
52wk High1323.4852wk High Date2018-11-29
52wk Low1220.1352wk Low Date2018-04-24
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