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Index Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

SILVER BENCHMARK INDEX (CME:SGICSIB)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
6395.127 6416.600 6375.605 6389.270 -11.713
Entry Signal

MarketClub’s Trade Triangles for SGICSIB

long term down The long term trend has been DOWN since May 1st, 2018 at 6367.955

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2018 at 6413.216

short term down The short term trend has been DOWN since Jun 15th, 2018 at 6605.900

Smart Scan Analysis for SGICSIB

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

-100
Smart Scan Analysis for SGICSIB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6395.127 6416.600 6375.605 6389.270 -11.713
Prev. Close Volume Bid Ask Time
6400.983 0 2018-06-20 14:26:33
52wk High7282.09652wk High Date2017-09-08
52wk Low5889.00252wk Low Date2017-07-06
Want to analyze SILVER BENCHMARK INDEX SGICSIB or another symbol? Try our Free Index Trend Analysis Report.