Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, August 22, 2019.

SILVER (E-MINI) Dec 2019 (NYMEX:QI.Z19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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.

NYMEX_QI.Z19
Open High Low QI.Z19 Price Change
17.2125 17.2125 17.0750 17.2000 -0.0875
Entry Signal

MarketClub’s Trade Triangles for QI.Z19

long term up The long term trend has been UP since Jul 16th, 2019 at 15.65

intermediate term up The intermediate term trend has been UP since Jun 4th, 2019 at 14.65

short term down The short term trend has been DOWN since Aug 19th, 2019 at 17.20

Smart Scan Analysis for QI.Z19

Based on a pre-defined weighted trend formula for chart analysis, QI.Z19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for QI.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.2125 17.2125 17.0750 17.2000 -0.0875
Prev. Close Volume Bid Ask Time
14.7625 42 2019-08-22 14:24:10
Expiration2019-11-26Open Time18:00
Close Time17:00
Want to analyze SILVER (E-MINI) Dec 2019 QI.Z19 or another symbol? Try our Free Future Trend Analysis Report.