Future Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
SILVER Mar 2018 (E) (NYMEX:SI.H18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SI.H18.E
The long term trend has been DOWN since Dec 1st, 2017 at 16.345
The intermediate term trend has been UP since Dec 26th, 2017 at 16.485
The short term trend has been DOWN since Jan 16th, 2018 at 16.995
Smart Scan Analysis for SI.H18.E
Based on a pre-defined weighted trend formula for chart analysis, SI.H18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||17.395||Contract High Date||2018-01-16|
|Contract Low||16.8||Contract Low Date||2018-01-16|
|Estimated Volume||117337||First Delivery||2018-03-29|