Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Guggenheim RBP Large-Cap Market Index (CME:DRLMT1)
Weak Uptrend (+65) - DRLMT1 is showing signs of weakening momentum to the upside. Monitor 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.
MarketClub’s Trade Triangles for DRLMT1
The long-term trend has been UP since Jun 5th, 2020 at 8189.90
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 11990.11
The short-term trend has been UP since Dec 7th, 2021 at 11996.41
Smart Scan Analysis for DRLMT1
Based on our trend formula, DRLMT1 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7765.29||52wk High Date||2018-08-29|
|52wk Low||6661.17||52wk Low Date||2018-02-09|