Index Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
Guggenheim RBP Large-Cap Defensive Total Return Index (CME:DRLLT1T)
Weak Downtrend (-65) - DRLLT1T is showing signs of a strengthening downtrend. Monitor DRLLT1T as it may be building momentum to the downside.
Is it time to buy, sell, or avoid DRLLT1T?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRLLT1T.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRLLT1T
The long-term trend has been UP since Jun 5th, 2020 at 7853.91
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 10287.02
The short-term trend has been DOWN since Nov 18th, 2021 at 10463.98
Smart Scan Analysis for DRLLT1T
Based on our trend formula, DRLLT1T is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7130.76||52wk High Date||2018-09-21|
|52wk Low||6128.9||52wk Low Date||2018-02-09|