Future Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
MONT BELVIEU LDH PROPANE Dec 2020 (E) (NYMEX:B0.Z20.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for B0.Z20.E
The long term trend has been UP since May 11th, 2018 at 0.71297
The intermediate term trend has been UP since Apr 27th, 2018 at 0.68083
The short term trend has been DOWN since May 25th, 2018 at 0.76042
Smart Scan Analysis for B0.Z20.E
Based on a pre-defined weighted trend formula for chart analysis, B0.Z20.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.78||Contract High Date||2018-05-24|
|Contract Low||0.74||Contract Low Date||2018-06-04|
|Estimated Volume||27||First Delivery||2021-01-14|