Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
3 MONTH SOFR Nov 2023 (CME:SR3.X23)
Bull Market Weakness (+75) - SR3.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SR3.X23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SR3.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR3.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR3.X23
The long-term trend has been UP since Nov 6th, 2023 at 94.6200
The intermediate-term trend has been UP since Sep 29th, 2023 at 94.5650
The short-term trend has been UP since Nov 14th, 2023 at 94.6225
Smart Scan Analysis for SR3.X23
Based on our trend formula, SR3.X23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).