Futopt Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
MONT BELVIEU LDH PROPANE 5 DEC APO JULY 2022 PUT 8500 (NYMEX:QB0.N22.8500P)
Long-Term Downtrend (-90) - QB0.N22.8500P is in a strong downtrend that is likely to continue. While QB0.N22.8500P is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QB0.N22.8500P?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.N22.8500P.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.N22.8500P
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QB0.N22.8500P
Based on our trend formula, QB0.N22.8500P is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).