Future Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
SILVER (E-MINI) Sep 2021 (NYMEX:QI.U21)
Weak Downtrend (-65) - QI.U21 is showing signs of a strengthening downtrend. Monitor QI.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QI.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.U21
The long-term trend has been UP since Jun 1st, 2021 at 28.4250
The intermediate-term trend has been DOWN since Jun 16th, 2021 at 27.1625
The short-term trend has been DOWN since Aug 5th, 2021 at 25.3875
Smart Scan Analysis for QI.U21
Based on our trend formula, QI.U21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).