Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
3 MONTH SOFR Dec 2021 (CME:SR3.Z21)
Long-Term Uptrend (+90) - SR3.Z21 is in a strong uptrend that is likely to continue. While SR3.Z21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SR3.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for SR3.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SR3.Z21
The long-term trend has been UP since May 5th, 2021 at 99.945
The intermediate-term trend has been UP since Mar 17th, 2021 at 99.935
The short-term trend has been UP since Apr 29th, 2021 at 99.940
Smart Scan Analysis for SR3.Z21
Based on our trend formula, SR3.Z21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).