Future Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
SILVER (E-MINI) May 2021 (NYMEX:QI.K21)
Bull Market Weakness (+75) - QI.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QI.K21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QI.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.K21
The long-term trend has been UP since Jan 4th, 2021 at 27.1750
The intermediate-term trend has been UP since Apr 16th, 2021 at 26.2750
The short-term trend has been DOWN since Apr 28th, 2021 at 25.9875
Smart Scan Analysis for QI.K21
Based on our trend formula, QI.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).