Future Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
SILVER 1000 OZ Mar 2018 (E) (NYMEX:SIL.H18.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 SIL.H18.E
The long term trend has been UP since Sep 5th, 2017 at 17.986
The intermediate term trend has been UP since Oct 16th, 2017 at 17.480
The short term trend has been DOWN since Nov 20th, 2017 at 17.070
Smart Scan Analysis for SIL.H18.E
Based on a pre-defined weighted trend formula for chart analysis, SIL.H18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||18.36||Contract High Date||2017-04-24|
|Contract Low||15.45||Contract Low Date||2017-07-10|
|Estimated Volume||65||First Delivery||2018-03-29|