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Index Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

Guggenheim RBP SMID-Cap Defensive Index (CME:DRSLT1)

Weak Downtrend (-65) - DRSLT1 is showing signs of a strengthening downtrend. Monitor DRSLT1 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid DRSLT1?

MarketClub looks at technical strength and momentum to determine if the timing is right for DRSLT1.

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

CME_DRSLT1
Open High Low DRSLT1 Price Change
16155.60 16440.90 16155.60 16380.30 +345.77
Entry Signal

MarketClub’s Trade Triangles for DRSLT1

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 17098.81

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2022 at 16740.69

short term up The short-term trend has been UP since May 25th, 2022 at 16004.12

Smart Scan Analysis for DRSLT1

Based on our trend formula, DRSLT1 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for DRSLT1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16155.60 16440.90 16155.60 16380.30 +345.77
Prev. Close Volume Bid Ask Time
16380.30 0 2022-05-26 16:19:49
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