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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.

CME_DRLMT1
Open High Low DRLMT1 Price Change
12644.52 12692.35 12628.30 12637.57 +89.58
Entry Signal

MarketClub’s Trade Triangles for DRLMT1

long term up The long-term trend has been UP since Nov 20th, 2023 at 11080.40

intermediate term up The intermediate-term trend has been UP since Nov 8th, 2023 at 10701.49

short term down 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).

+75
Smart Scan Analysis for DRLMT1
Strong Downtrend Sideways 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 High7765.2952wk High Date2018-08-29
52wk Low6661.1752wk Low Date2018-02-09
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