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Index Trend Analysis Report
Prepared for you on Thursday, November 26, 2020.
S&P Merger Arbitrage Index TR (CME:SPLSAUT)
Long-Term Uptrend (+90) - SPLSAUT is in a strong uptrend that is likely to continue. While SPLSAUT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPLSAUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLSAUT.
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 SPLSAUT
The long-term trend has been UP since Jul 21st, 2020 at 1676.42
The intermediate-term trend has been UP since Sep 28th, 2020 at 1682.02
The short-term trend has been UP since Nov 26th, 2020 at 1708.81
Smart Scan Analysis for SPLSAUT
Based on our trend formula, SPLSAUT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1708.18 | 1712.31 | 1707.61 | 1711.15 | +2.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1704.40 | 0 | 2020-11-26 20:29:47 |