Rydex S&P Equal Weight(RSP)
Auto-detected technical analysis for RSP · data as of Jul 22, 2026. The chart above is live; the read below updates daily.
RSP is breaking down from a rising wedge — a sign the recent run may be rolling over.
On this chart, setups like it have followed through about 56% of the time.
As long as price stays below $216.4, it's in play — a daily close back above there calls it off.
The move's natural target sits near $207.5.
RSP is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.
New to this pattern? What a rising wedge is and how to trade it →
Historical pattern statistics (1987-01-30 – 2026-07-13), not a prediction.
Every completed pattern trade our nightly backtest found on RSP's daily chart, newest first — wins and losses alike.
| Pattern | Entry | Exit | Outcome | Result |
|---|---|---|---|---|
| Triangle | Mar 3, 2025 @ $177.51 | Mar 10, 2025 @ $173.04 | Win | +2.8% · +1.15R |
| Rising Wedge | Dec 10, 2024 @ $184.46 | Dec 18, 2024 @ $176.97 | Win | +4.6% · +2.02R |
| Rising Wedge | Oct 22, 2024 @ $179.60 | Nov 6, 2024 @ $182.90 | Loss | +4.4% · -1.26R |
| Rising Wedge | Oct 14, 2024 @ $180.54 | Oct 31, 2024 @ $176.29 | Loss | +4.2% · -1.03R |
| Triangle | Jul 1, 2024 @ $163.43 | Jul 11, 2024 @ $167.06 | Loss | +4.3% · -1.16R |
| Falling Wedge | Jun 2, 2023 @ $142.34 | Jun 21, 2023 @ $146.63 | Win | +2.9% · +1.22R |
| Triangle | May 24, 2023 @ $140.93 | Jun 6, 2023 @ $144.21 | Loss | +9.1% · -1.12R |
| Triangle | Jan 26, 2023 @ $150.15 | Mar 9, 2023 @ $143.50 | Loss | +8.0% · -1.15R |
| Rising Wedge | Nov 28, 2022 @ $144.72 | Jan 26, 2023 @ $150.52 | Loss | +9.6% · -1.06R |
| Falling Wedge | Mar 18, 2022 @ $156.17 | Apr 29, 2022 @ $147.45 | Loss | +9.0% · -1.10R |
| Rising Wedge | Sep 10, 2021 @ $154.70 | Oct 20, 2021 @ $157.87 | Loss | +5.2% · -1.15R |
| Rising Wedge | Mar 10, 2021 @ $139.78 | May 11, 2021 @ $149.31 | Win | +6.5% · +1.23R |
Historical examples from the published simulation. This selection is not a win-rate sample.
A chance to go short showed up on the weekly chart about 2 weeks ago: price ran up to $216.29 — a level traders often watch as a target (161.8% of the prior move) — and has since turned back below it, the kind of rejection a short plays for.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| Jul 22, 2026 | $213.03 | $213.94 | $212.37 | $212.70 |
| Jul 21, 2026 | $212.57 | $213.15 | $211.79 | $212.76 |
| Jul 20, 2026 | $213.87 | $214.00 | $212.11 | $212.42 |
| Jul 17, 2026 | $214.36 | $215.95 | $213.05 | $213.37 |
| Jul 16, 2026 | $213.08 | $215.10 | $213.07 | $215.06 |
| Jul 15, 2026 | $213.75 | $214.16 | $212.55 | $212.97 |
| Jul 14, 2026 | $214.14 | $214.90 | $213.22 | $213.45 |
| Jul 13, 2026 | $214.48 | $215.50 | $213.80 | $214.23 |
| Jul 10, 2026 | $214.15 | $214.60 | $213.06 | $214.30 |
| Jul 9, 2026 | $212.84 | $214.19 | $212.48 | $213.50 |
Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.