Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
3 MONTH SOFR Sep 2023 (CME:SR3.U23)
Crossroads (-60) - SR3.U23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SR3.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR3.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR3.U23
The long-term trend has been UP since Oct 9th, 2023 at 94.6350
The intermediate-term trend has been DOWN since Dec 4th, 2023 at 94.6475
The short-term trend has been DOWN since Dec 4th, 2023 at 94.6475
Smart Scan Analysis for SR3.U23
Based on our trend formula, SR3.U23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).