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Future Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

SILVER (TAS) Sep 2020 (NYMEX:SIT.U20)

Strong Uptrend (+100) - SIT.U20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SIT.U20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SIT.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SIT.U20.

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

NYMEX_SIT.U20
Open High Low SIT.U20 Price Change
1 1 1 1 +8
Entry Signal

MarketClub’s Trade Triangles for SIT.U20

long term up The long-term trend has been UP since Aug 4th, 2020 at 3

intermediate term up The intermediate-term trend has been UP since Aug 4th, 2020 at 3

short term up The short-term trend has been UP since Aug 4th, 2020 at 1

Smart Scan Analysis for SIT.U20

Based on our trend formula, SIT.U20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SIT.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1 1 1 1 +8
Prev. Close Volume Bid Ask Time
-1 1223 2020-08-05 13:24:00
Expiration2020-08-27Open Time18:00
Close Time13:25
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