Future Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
SILVER Dec 2018 (E) (NYMEX:SI.Z18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SI.Z18.E
The long term trend has been DOWN since Dec 1st, 2017 at 16.695
The intermediate term trend has been UP since Dec 26th, 2017 at 16.765
The short term trend has been UP since Jan 16th, 2018 at 17.570
Smart Scan Analysis for SI.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, SI.Z18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||22||Contract High Date||2014-07-31|
|Contract Low||15.19||Contract Low Date||2016-02-26|
|Estimated Volume||292||First Delivery||2018-12-31|