Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
Guggenheim RBP Large-Cap Leading 30 Index (CME:DRLT30)
Crossroads (-60) - DRLT30 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DRLT30?
MarketClub looks at technical strength and momentum to determine if the timing is right for DRLT30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DRLT30
The long-term trend has been UP since Aug 26th, 2020 at 3443.78
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 3351.66
The short-term trend has been DOWN since Sep 17th, 2020 at 3380.04
Smart Scan Analysis for DRLT30
Based on our trend formula, DRLT30 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3623.07||52wk High Date||2018-10-01|
|52wk Low||3008.24||52wk Low Date||2017-12-06|