Future Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
SILVER 1000 OZ Dec 2018 (E) (NYMEX:SIL.Z18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management 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 SIL.Z18.E
The long term trend has been DOWN since Feb 2nd, 2018 at 17.247
The intermediate term trend has been DOWN since Jun 19th, 2018 at 16.570
The short term trend has been UP since Sep 19th, 2018 at 14.290
Smart Scan Analysis for SIL.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, SIL.Z18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||17.87||Contract High Date||2018-01-25|
|Contract Low||13.97||Contract Low Date||2018-09-11|
|Estimated Volume||406||First Delivery||2018-12-31|