Future Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
1 MONTH SOFR Oct 2019 (CME:SR1.V19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.V19
The long term trend has been UP since May 29th, 2019 at 97.7150
The intermediate term trend has been UP since Sep 30th, 2019 at 98.0950
The short term trend has been DOWN since Oct 11th, 2019 at 98.1375
Smart Scan Analysis for SR1.V19
Based on a pre-defined weighted trend formula for chart analysis, SR1.V19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).