Future Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
SILVER (E-MINI) Jul 2022 (NYMEX:QI.N22)
Countertrend Down (-85) - QI.N22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QI.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.N22
The long-term trend has been DOWN since May 5th, 2022 at 22.3000
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 21.2250
The short-term trend has been UP since Jun 28th, 2022 at 21.3125
Smart Scan Analysis for QI.N22
Based on our trend formula, QI.N22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).