Future Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
SILVER Jul 2017 (E) (NYMEX:SI.N17.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SI.N17.E
The long term trend has been DOWN since May 1st, 2017 at 16.89
The intermediate term trend has been UP since May 23rd, 2017 at 17.29
The short term trend has been UP since May 12th, 2017 at 16.39
Smart Scan Analysis for SI.N17.E
Based on a pre-defined weighted trend formula for chart analysis, SI.N17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||34.5||Contract High Date||2012-12-03|
|Contract Low||14.23||Contract Low Date||2016-01-05|
|Estimated Volume||38287||First Delivery||2017-07-31|