Future Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
SILVER (E-MINI) Mar 2019 (E) (NYMEX:QI.H19.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.
MarketClub’s Trade Triangles for QI.H19.E
The long term trend has been UP since Sep 5th, 2017 at 18.382
The intermediate term trend has been UP since Oct 13th, 2017 at 17.820
The short term trend has been DOWN since Oct 17th, 2017 at 17.750
Smart Scan Analysis for QI.H19.E
Based on a pre-defined weighted trend formula for chart analysis, QI.H19.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||18||Contract High Date||2017-05-23|
|Contract Low||16.078||Contract Low Date||2017-12-12|
|Open Time||18:00||Close Time||17:00|