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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.

NYMEX_QI.Z20
Open High Low QI.Z20 Price Change
24.8125 24.9500 24.5125 24.6500 -0.1625
Entry Signal

MarketClub’s Trade Triangles for QI.Z20

long term up The long-term trend has been UP since May 29th, 2020 at 18.4125

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 26.4750

short term down 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).

-50
Smart Scan Analysis for QI.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.8125 24.9500 24.5125 24.6500 -0.1625
Prev. Close Volume Bid Ask Time
27.3750 200 2020-10-23 16:59:16
Expiration2020-11-25Open Time18:00
Close Time17:00
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