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Future Trend Analysis Report

Prepared for you on Sunday, May 19, 2019.

SILVER 1000 OZ May 2019 (NYMEX:SIL.K19)

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.K19
Open High Low SIL.K19 Price Change
14.630 14.740 14.530 14.550 -0.202
Entry Signal

MarketClub’s Trade Triangles for SIL.K19

long term down The long term trend has been DOWN since Apr 11th, 2019 at 14.95

intermediate term down The intermediate term trend has been DOWN since Mar 1st, 2019 at 15.56

short term down The short term trend has been DOWN since Apr 30th, 2019 at 14.87

Smart Scan Analysis for SIL.K19

Based on a pre-defined weighted trend formula for chart analysis, SIL.K19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SIL.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.630 14.740 14.530 14.550 -0.202
Prev. Close Volume Bid Ask Time
15.840 15 2019-05-16 14:19:31
First Delivery2019-05-31Expiration2019-05-29
Open Time18:00Close Time17:00
Want to analyze SILVER 1000 OZ May 2019 SIL.K19 or another symbol? Try our Free Future Trend Analysis Report.