Future Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
SILVER (E-MINI) Dec 2022 (NYMEX:QI.Z22)
Sidelines Mode (-55) - QI.Z22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QI.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QI.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QI.Z22
The long-term trend has been DOWN since May 2nd, 2022 at 23.10
The intermediate-term trend has been UP since Sep 12th, 2022 at 19.40
The short-term trend has been DOWN since Sep 23rd, 2022 at 19.25
Smart Scan Analysis for QI.Z22
Based on our trend formula, QI.Z22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).