Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

SILVER Jul 2018 (E) (NYMEX:SI.N18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

NYMEX_SI.N18.E
Open High Low SI.N18.E Price Change
16.555 16.600 16.540 16.570 -0.005
Entry Signal

MarketClub’s Trade Triangles for SI.N18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 16.185

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 16.380

short term up The short term trend has been UP since May 22nd, 2018 at 16.535

Smart Scan Analysis for SI.N18.E

Based on a pre-defined weighted trend formula for chart analysis, SI.N18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SI.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.555 16.600 16.540 16.570 -0.005
Prev. Close Volume Bid Ask Time
16.530 6148 2018-05-23 00:44:33
Contract High19.085Contract High Date2017-04-16
Contract Low14.66Contract Low Date2015-11-16
Estimated Volume73530First Delivery2018-07-31
Expiration2018-07-27Open Time18:00
Close Time17:00
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