Free Daily Analysis

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.

NYMEX_QI.Z23
Open High Low QI.Z23 Price Change
24.7000 25.0000 24.5875 24.9350 +0.2500
Entry Signal

MarketClub’s Trade Triangles for QI.Z23

long term down The long-term trend has been DOWN since Aug 15th, 2023 at 22.9000

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2023 at 23.5375

short term up 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).

+70
Smart Scan Analysis for QI.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.7000 25.0000 24.5875 24.9350 +0.2500
Prev. Close Volume Bid Ask Time
24.9500 62 2023-11-28 17:28:50
Expiration2023-11-28Open Time18:00
Close Time17:00
Get a free daily analysis and signals for SILVER (E-MINI) Dec 2023 (QI.Z23) - Request Your Free Report.