Future Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
3 MONTH SOFR Sep 2019 (CME:SR3.U19)
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 SR3.U19
The long term trend has been UP since Dec 6th, 2018 at 97.335
The intermediate term trend has been UP since Oct 1st, 2019 at 98.145
The short term trend has been DOWN since Oct 11th, 2019 at 98.225
Smart Scan Analysis for SR3.U19
Based on a pre-defined weighted trend formula for chart analysis, SR3.U19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).