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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P Merger Arbitrage Index TR (CME:SPLSAUT)

Crossroads (-60) - SPLSAUT 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 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.

CME_SPLSAUT
Open High Low SPLSAUT Price Change
1868.87 1869.18 1867.50 1868.32 -0.40
Entry Signal

MarketClub’s Trade Triangles for SPLSAUT

long term up The long-term trend has been UP since Jun 16th, 2023 at 1757.70

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1877.63

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 1885.46

Smart Scan Analysis for SPLSAUT

Based on our trend formula, SPLSAUT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPLSAUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1868.87 1869.18 1867.50 1868.32 -0.40
Prev. Close Volume Bid Ask Time
1868.72 0 2024-04-23 07:43:32
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