Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
1 MONTH SOFR Jan 2019 (CME:SR1.F19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SR1.F19
The long term trend has been DOWN since Jul 9th, 2018 at 97.810
The intermediate term trend has been DOWN since Dec 18th, 2018 at 97.585
The short term trend has been UP since Jan 15th, 2019 at 97.525
Smart Scan Analysis for SR1.F19
Based on a pre-defined weighted trend formula for chart analysis, SR1.F19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).