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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

SILVER 1000 OZ Oct 2021 (NYMEX:SIL.V21)

Bull Market Weakness (+75) - SIL.V21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SIL.V21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SIL.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIL.V21.

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

NYMEX_SIL.V21
Open High Low SIL.V21 Price Change
24.205 24.205 24.205 24.429 -0.219
Entry Signal

MarketClub’s Trade Triangles for SIL.V21

long term down The long-term trend has been DOWN since Aug 5th, 2021 at 25.43

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 22.90

short term up The short-term trend has been UP since Oct 1st, 2021 at 22.45

Smart Scan Analysis for SIL.V21

Based on our trend formula, SIL.V21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SIL.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.205 24.205 24.205 24.429 -0.219
Prev. Close Volume Bid Ask Time
24.480 2 2021-10-21 08:09:38
Expiration2021-10-27Open Time18:00
Close Time17:00
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