Future Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
DJ US REAL ESTATE INDEX Sep 2022 (CBOT:RX.U22)
Countertrend Up (+85) - RX.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RX.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RX.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RX.U22
The long-term trend has been UP since Jul 28th, 2022 at 376.5
The intermediate-term trend has been UP since Jul 6th, 2022 at 368.7
The short-term trend has been DOWN since Aug 18th, 2022 at 394.0
Smart Scan Analysis for RX.U22
Based on our trend formula, RX.U22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).