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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Guggenheim Directional Allocation Total Return Index (CME:DRDAL50)

Strong Uptrend (+100) - DRDAL50 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DRDAL50 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid DRDAL50?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRDAL50.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_DRDAL50
Open High Low DRDAL50 Price Change
24131.47 24318.17 24131.47 24317.91 +189.56
Entry Signal

MarketClub’s Trade Triangles for DRDAL50

long term up The long-term trend has been UP since Nov 14th, 2023 at 20360.22

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2023 at 19925.69

short term up The short-term trend has been UP since Mar 18th, 2024 at 23931.46

Smart Scan Analysis for DRDAL50

Based on our trend formula, DRDAL50 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for DRDAL50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24131.47 24318.17 24131.47 24317.91 +189.56
Prev. Close Volume Bid Ask Time
24317.91 0 2024-03-27 16:20:03
52wk High16112.8952wk High Date2018-09-21
52wk Low13699.5952wk Low Date2018-02-09
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