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Index Trend Analysis Report

Prepared for you on Saturday, November 27, 2021.

Guggenheim Directional Allocation Total Return Index (CME:DRDAL50)

Sidelines Mode (+55) - DRDAL50 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
24164.28 24166.88 23576.86 23624.87 -539.41
Entry Signal

MarketClub’s Trade Triangles for DRDAL50

long term up The long-term trend has been UP since Aug 3rd, 2020 at 16400.43

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 22396.52

short term down The short-term trend has been DOWN since Nov 23rd, 2021 at 23925.31

Smart Scan Analysis for DRDAL50

Based on our trend formula, DRDAL50 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DRDAL50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24164.28 24166.88 23576.86 23624.87 -539.41
Prev. Close Volume Bid Ask Time
23624.87 0 2021-11-26 13:19:48
52wk High16112.8952wk High Date2018-09-21
52wk Low13699.5952wk Low Date2018-02-09
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