Future Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
1 MONTH SOFR Dec 2019 (CME:SR1.Z19)
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.Z19
The long term trend has been UP since Aug 5th, 2019 at 98.275
The intermediate term trend has been UP since Aug 5th, 2019 at 98.250
The short term trend has been DOWN since Aug 21st, 2019 at 98.360
Smart Scan Analysis for SR1.Z19
Based on a pre-defined weighted trend formula for chart analysis, SR1.Z19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).