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Futopt Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

PALLADIUM DECEMBER 2020 CALL 1550 (NYMEX:QPA.Z20.1550C)

Long-Term Downtrend (-90) - QPA.Z20.1550C is in a strong downtrend that is likely to continue. While QPA.Z20.1550C 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.Z20.1550C?

MarketClub looks at technical strength and momentum to determine if the timing is right for QPA.Z20.1550C.

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

NYMEX_QPA.Z20.1550C
Open High Low QPA.Z20.1550C Price Change
867.8 867.8 867.8 867.8 0.0
Entry Signal

MarketClub’s Trade Triangles for QPA.Z20.1550C

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QPA.Z20.1550C

Based on our trend formula, QPA.Z20.1550C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QPA.Z20.1550C
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
867.8 867.8 867.8 867.8 0.0
Prev. Close Volume Bid Ask Time
867.8 0 2020-10-21 00:00:00
Volatility0.59Strike Price1550
Expiration2020-11-18
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