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Future Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

SILVER Jun 2020 (NYMEX:SI.M20)

Bull Market Weakness (+75) - SI.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.M20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SI.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.M20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_SI.M20
Open High Low SI.M20 Price Change
17.500 17.505 17.500 17.505 -0.430
Entry Signal

MarketClub’s Trade Triangles for SI.M20

long term up The long-term trend has been UP since Apr 2nd, 2020 at 14.340

intermediate term up The intermediate-term trend has been UP since May 14th, 2020 at 15.920

short term down The short-term trend has been DOWN since Jun 3rd, 2020 at 17.785

Smart Scan Analysis for SI.M20

Based on our trend formula, SI.M20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SI.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.500 17.505 17.500 17.505 -0.430
Prev. Close Volume Bid Ask Time
14.340 10 2020-06-05 12:55:37
Expiration2020-06-26Open Time18:00
Close Time17:00
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