Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
1 MONTH SOFR May 2019 (CME:SR1.K19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SR1.K19
The long term trend has been UP since Nov 1st, 2018 at 97.375
The intermediate term trend has been DOWN since Jan 18th, 2019 at 97.540
The short term trend has been UP since Feb 20th, 2019 at 97.570
Smart Scan Analysis for SR1.K19
Based on a pre-defined weighted trend formula for chart analysis, SR1.K19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).