Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
1 MONTH SOFR Mar 2019 (CME:SR1.H19)
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.H19
The long term trend has been DOWN since Sep 4th, 2018 at 97.640
The intermediate term trend has been DOWN since Jan 18th, 2019 at 97.535
The short term trend has been UP since Feb 19th, 2019 at 97.530
Smart Scan Analysis for SR1.H19
Based on a pre-defined weighted trend formula for chart analysis, SR1.H19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).