Future Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
DJ US REAL ESTATE INDEX Jun 2020 (CBOT:RX.M20)
Bull Market Weakness (+75) - RX.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RX.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RX.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RX.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RX.M20
The long-term trend has been DOWN since Mar 13th, 2020 at 298.5
The intermediate-term trend has been UP since May 26th, 2020 at 295.4
The short-term trend has been UP since May 18th, 2020 at 276.8
Smart Scan Analysis for RX.M20
Based on our trend formula, RX.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).