Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Guggenheim RBP Large-Cap Market Index (CME:DRLMT1)
Bull Market Weakness (+75) - DRLMT1 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on DRLMT1 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid DRLMT1?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRLMT1.
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 DRLMT1
The long-term trend has been UP since Nov 20th, 2023 at 11080.40
The intermediate-term trend has been UP since Nov 8th, 2023 at 10701.49
The short-term trend has been DOWN since Mar 11th, 2024 at 12507.21
Smart Scan Analysis for DRLMT1
Based on our trend formula, DRLMT1 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
12644.52 | 12692.35 | 12628.30 | 12637.57 | +89.58 |
Prev. Close | Volume | Bid | Ask | Time |
12637.57 | 0 | 2024-03-18 16:19:48 |
52wk High | 7765.29 | 52wk High Date | 2018-08-29 |
52wk Low | 6661.17 | 52wk Low Date | 2018-02-09 |