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Future Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

SILVER 1000 OZ Dec 2018 (E) (NYMEX:SIL.Z18.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_SIL.Z18.E
Open High Low SIL.Z18.E Price Change
14.390 14.390 13.970 14.200 -0.073
Entry Signal

MarketClub’s Trade Triangles for SIL.Z18.E

long term down The long term trend has been DOWN since Feb 2nd, 2018 at 17.247

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 14.240

short term down The short term trend has been DOWN since Nov 29th, 2018 at 14.060

Smart Scan Analysis for SIL.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, SIL.Z18.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SIL.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.390 14.390 13.970 14.200 -0.073
Prev. Close Volume Bid Ask Time
14.160 4 2018-11-30 13:26:22
Contract High17.87Contract High Date2018-01-25
Contract Low13.87Contract Low Date2018-11-14
Estimated Volume104First Delivery2018-12-31
Expiration2018-12-27Open Time08:25
Close Time13:25
Want to analyze SILVER 1000 OZ Dec 2018 (E) SIL.Z18.E or another symbol? Try our Free Future Trend Analysis Report.