Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
Russell 1000/Russell 2000 Price Return Index (GIF:RU1RU2PR)
Crossroads (-60) - RU1RU2PR 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 RU1RU2PR?
MarketClub looks at technical strength and momentum to determine if the timing is right for RU1RU2PR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RU1RU2PR
The long-term trend has been UP since Sep 23rd, 2020 at 1312.93
The intermediate-term trend has been DOWN since Oct 6th, 2020 at 1240.84
The short-term trend has been DOWN since Oct 23rd, 2020 at 1207.35
Smart Scan Analysis for RU1RU2PR
Based on our trend formula, RU1RU2PR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).