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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Guggenheim RBP Large-Cap Market Total Return Index (CME:DRLMT1T)

Sidelines Mode (+55) - DRLMT1T 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 DRLMT1T?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRLMT1T.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_DRLMT1T
Open High Low DRLMT1T Price Change
16899.78 17037.46 16899.78 17027.49 +127.71
Entry Signal

MarketClub’s Trade Triangles for DRLMT1T

long term up The long-term trend has been UP since Nov 20th, 2023 at 15000.01

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 17126.14

short term up The short-term trend has been UP since Apr 23rd, 2024 at 16941.37

Smart Scan Analysis for DRLMT1T

Based on our trend formula, DRLMT1T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DRLMT1T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16899.78 17037.46 16899.78 17027.49 +127.71
Prev. Close Volume Bid Ask Time
16899.78 0 2024-04-26 09:36:03
52wk High9848.6952wk High Date2018-09-21
52wk Low8384.9352wk Low Date2018-02-09
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