Future Trend Analysis Report
Prepared for you on Tuesday, June 6, 2023.
1 MONTH SOFR Feb 2024 (CME:SR1.G24)
Crossroads (-60) - SR1.G24 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 SR1.G24?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.G24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.G24
The long-term trend has been UP since Mar 13th, 2023 at 95.340
The intermediate-term trend has been DOWN since May 18th, 2023 at 95.545
The short-term trend has been DOWN since Jun 2nd, 2023 at 95.210
Smart Scan Analysis for SR1.G24
Based on our trend formula, SR1.G24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).