Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
SILVER (E-MINI) Dec 2020 (NYMEX:QI.Z20)
Sidelines Mode (-50) - QI.Z20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until QI.Z20 can gain momentum.
Is it time to buy, sell, or avoid QI.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.Z20
The long-term trend has been UP since May 29th, 2020 at 18.4125
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 26.4750
The short-term trend has been DOWN since Oct 23rd, 2020 at 24.6750
Smart Scan Analysis for QI.Z20
Based on our trend formula, QI.Z20 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).