Future Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
SILVER (E-MINI) Jul 2019 (NYMEX:QI.N19)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.N19
The long term trend has been DOWN since Apr 11th, 2019 at 15.100
The intermediate term trend has been UP since Jun 6th, 2019 at 14.825
The short term trend has been UP since Jun 13th, 2019 at 14.850
Smart Scan Analysis for QI.N19
Based on a pre-defined weighted trend formula for chart analysis, QI.N19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).