Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
SILVER (E-MINI) May 2020 (NYMEX:QI.K20)
Bull Market Weakness (+75) - QI.K20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QI.K20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QI.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.K20
The long-term trend has been DOWN since Feb 28th, 2020 at 16.7625
The intermediate-term trend has been UP since Apr 6th, 2020 at 15.1500
The short-term trend has been UP since Apr 2nd, 2020 at 14.3000
Smart Scan Analysis for QI.K20
Based on our trend formula, QI.K20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).