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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Guggenheim RBP Large-Cap Defensive Index (CME:DRLLT1)

Sidelines Mode (-55) - DRLLT1 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 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.

CME_DRLLT1
Open High Low DRLLT1 Price Change
7148.82 7172.42 7145.57 7172.04 -2.66
Entry Signal

MarketClub’s Trade Triangles for DRLLT1

long term up The long-term trend has been UP since Dec 1st, 2023 at 6608.20

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 7297.26

short term up The short-term trend has been UP since Apr 22nd, 2024 at 7137.44

Smart Scan Analysis for DRLLT1

Based on our trend formula, DRLLT1 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for DRLLT1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7148.82 7172.42 7145.57 7172.04 -2.66
Prev. Close Volume Bid Ask Time
7174.70 0 2024-04-26 09:52:48
52wk High5105.0652wk High Date2018-09-21
52wk Low4431.0352wk Low Date2018-02-09
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