Future Trend Analysis Report
Prepared for you on Monday, August 3, 2020.
DJ US REAL ESTATE INDEX Sep 2020 (CBOT:RX.U20)
Bull Market Weakness (+75) - RX.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RX.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RX.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RX.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RX.U20
The long-term trend has been DOWN since Jun 11th, 2020 at 335.8
The intermediate-term trend has been UP since Jul 29th, 2020 at 320.8
The short-term trend has been UP since Jul 28th, 2020 at 312.8
Smart Scan Analysis for RX.U20
Based on our trend formula, RX.U20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).