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Future Trend Analysis Report

Prepared for you on Saturday, February 16, 2019.

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

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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_SIL.K19
Open High Low SIL.K19 Price Change
15.650 15.860 15.650 15.840 +0.218
Entry Signal

MarketClub’s Trade Triangles for SIL.K19

long term up The long term trend has been UP since Dec 26th, 2018 at 15.02

intermediate term up The intermediate term trend has been UP since Jan 27th, 2019 at 15.90

short term down The short term trend has been DOWN since Feb 12th, 2019 at 15.77

Smart Scan Analysis for SIL.K19

Based on a pre-defined weighted trend formula for chart analysis, SIL.K19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SIL.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.650 15.860 15.650 15.840 +0.218
Prev. Close Volume Bid Ask Time
15.480 40 2019-02-15 16:19:54
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.