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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

SILVER Sep 2022 (NYMEX:SI.U22)

Bull Market Weakness (+75) - SI.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SI.U22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SI.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for SI.U22.

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

NYMEX_SI.U22
Open High Low SI.U22 Price Change
24.400 24.765 24.370 24.550 +0.250
Entry Signal

MarketClub’s Trade Triangles for SI.U22

long term down The long-term trend has been DOWN since Jul 8th, 2021 at 26.515

intermediate term up The intermediate-term trend has been UP since Oct 14th, 2021 at 23.365

short term up The short-term trend has been UP since Oct 14th, 2021 at 23.205

Smart Scan Analysis for SI.U22

Based on our trend formula, SI.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SI.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.400 24.765 24.370 24.550 +0.250
Prev. Close Volume Bid Ask Time
24.550 53 2021-10-22 15:41:50
Expiration2022-09-28Open Time18:00
Close Time17:00
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