Analyze Symbol

Future Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

SILVER May 2018 (E) (NYMEX:SI.K18.E)

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.

NYMEX_SI.K18.E
Open High Low SI.K18.E Price Change
16.295 16.295 16.285 16.338 -0.170
Entry Signal

MarketClub’s Trade Triangles for SI.K18.E

long term down The long term trend has been DOWN since May 1st, 2018 at 16.100

intermediate term down The intermediate term trend has been DOWN since Apr 30th, 2018 at 16.295

short term down The short term trend has been DOWN since May 23rd, 2018 at 16.380

Smart Scan Analysis for SI.K18.E

Based on a pre-defined weighted trend formula for chart analysis, SI.K18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SI.K18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.295 16.295 16.285 16.338 -0.170
Prev. Close Volume Bid Ask Time
16.540 712 2018-05-23 09:42:15
Contract High18.955Contract High Date2017-04-17
Contract Low15.7Contract Low Date2017-07-07
Estimated Volume31First Delivery2018-05-31
Expiration2018-05-29Open Time18:00
Close Time17:00
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