Futopt Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
MONT BELVIEU LDH PROPANE 5 DEC APO JULY 2022 CALL 9000 (NYMEX:QB0.N22.9000C)
Long-Term Downtrend (-90) - QB0.N22.9000C is in a strong downtrend that is likely to continue. While QB0.N22.9000C 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.N22.9000C?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.N22.9000C.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.N22.9000C
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.N22.9000C
Based on our trend formula, QB0.N22.9000C is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).