Futopt Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
PALLADIUM JUNE 2021 CALL 2120 (NYMEX:QPA.M21.2120C)
Long-Term Downtrend (-90) - QPA.M21.2120C is in a strong downtrend that is likely to continue. While QPA.M21.2120C is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QPA.M21.2120C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.M21.2120C.
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MarketClub’s Trade Triangles for QPA.M21.2120C
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QPA.M21.2120C
Based on our trend formula, QPA.M21.2120C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).