Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
SILVER (E-MINI) Dec 2023 (NYMEX:QI.Z23)
Bull Market Weakness (+75) - QI.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QI.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QI.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.Z23
The long-term trend has been DOWN since Aug 15th, 2023 at 22.9000
The intermediate-term trend has been UP since Nov 15th, 2023 at 23.5375
The short-term trend has been UP since Nov 26th, 2023 at 24.3875
Smart Scan Analysis for QI.Z23
Based on our trend formula, QI.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).