Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Guggenheim RBP Large-Cap Market Total Return Index (CME:DRLMT1T)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for DRLMT1T
The long term trend has been UP since Feb 5th, 2019 at 9354.54
The intermediate term trend has been UP since Sep 4th, 2019 at 10245.11
The short term trend has been UP since Sep 19th, 2019 at 10449.09
Smart Scan Analysis for DRLMT1T
Based on a pre-defined weighted trend formula for chart analysis, DRLMT1T scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9848.69||52wk High Date||2018-09-21|
|52wk Low||8384.93||52wk Low Date||2018-02-09|