Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
3 MONTH SOFR Jun 2021 (CME:SR3.M21)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SR3.M21
The long term trend has been DOWN since Nov 5th, 2019 at 98.670
The intermediate term trend has been UP since Dec 3rd, 2019 at 98.795
The short term trend has been UP since Dec 3rd, 2019 at 98.715
Smart Scan Analysis for SR3.M21
Based on a pre-defined weighted trend formula for chart analysis, SR3.M21 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).