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Index Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

SILVER BENCHMARK INDEX (CME:SGICSIB)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.

CME_SGICSIB
Open High Low SGICSIB Price Change
6559.013 6559.013 6539.316 6543.256 -15.757
Entry Signal

MarketClub’s Trade Triangles for SGICSIB

long term up The long term trend has been UP since Jan 24th, 2018 at 6947.653

intermediate term down The intermediate term trend has been DOWN since Feb 2nd, 2018 at 6706.868

short term down The short term trend has been DOWN since Feb 16th, 2018 at 6564.922

Smart Scan Analysis for SGICSIB

Based on a pre-defined weighted trend formula for chart analysis, SGICSIB scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SGICSIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6559.013 6559.013 6539.316 6543.256 -15.757
Prev. Close Volume Bid Ask Time
6509.771 0 2018-02-22 23:12:33
52wk High7522.39852wk High Date2017-04-17
52wk Low5889.00252wk Low Date2017-07-06
Want to analyze SILVER BENCHMARK INDEX SGICSIB or another symbol? Try our Free Index Trend Analysis Report.