Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
1 MONTH SOFR Apr 2022 (CME:SR1.J22)
Long-Term Downtrend (-90) - SR1.J22 is in a strong downtrend that is likely to continue. While SR1.J22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SR1.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR1.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR1.J22
The long-term trend has been DOWN since Oct 22nd, 2021 at 99.920
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 99.945
The short-term trend has been DOWN since Dec 3rd, 2021 at 99.870
Smart Scan Analysis for SR1.J22
Based on our trend formula, SR1.J22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).