Future Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
3 MONTH SOFR Jun 2020 (CME:SR3.M20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 SR3.M20
The long term trend has been UP since Dec 7th, 2018 at 97.315
The intermediate term trend has been DOWN since Jan 17th, 2019 at 97.660
The short term trend has been DOWN since Jan 8th, 2019 at 97.710
Smart Scan Analysis for SR3.M20
Based on a pre-defined weighted trend formula for chart analysis, SR3.M20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).