Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
SILVER (E-MINI) Mar 2022 (NYMEX:QI.H22)
Long-Term Downtrend (-90) - QI.H22 is in a strong downtrend that is likely to continue. While QI.H22 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 QI.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.H22
The long-term trend has been DOWN since Mar 25th, 2021 at 25.3375
The intermediate-term trend has been DOWN since Jun 3rd, 2021 at 27.7750
The short-term trend has been DOWN since Jun 22nd, 2021 at 27.6125
Smart Scan Analysis for QI.H22
Based on our trend formula, QI.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).