Index Trend Analysis Report
Prepared for you on Saturday, September 18, 2021.
Guggenheim RBP Large-Cap Defensive Index (CME:DRLLT1)
Weak Downtrend (-65) - DRLLT1 is showing signs of a strengthening downtrend. Monitor DRLLT1 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DRLLT1?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRLLT1.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRLLT1
The long-term trend has been UP since Jun 5th, 2020 at 5477.55
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 6864.09
The short-term trend has been DOWN since Sep 7th, 2021 at 6942.99
Smart Scan Analysis for DRLLT1
Based on our trend formula, DRLLT1 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||5105.06||52wk High Date||2018-09-21|
|52wk Low||4431.03||52wk Low Date||2018-02-09|