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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

PROPANE NON-LDH MT BELVIEU OPIS JUNE 2022 (NYMEX:Q1R.M22)

Countertrend Up (+85) - Q1R.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid Q1R.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for Q1R.M22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_Q1R.M22
Open High Low Q1R.M22 Price Change
1.21202 1.21202 1.21202 1.21202 0.00000
Entry Signal

MarketClub’s Trade Triangles for Q1R.M22

long term up The long-term trend has been UP since Jul 8th, 2020 at 0.42813

intermediate term up The intermediate-term trend has been UP since Aug 31st, 2021 at 0.85625

short term up The short-term trend has been UP since Aug 24th, 2021 at 0.82250

Smart Scan Analysis for Q1R.M22

Based on our trend formula, Q1R.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for Q1R.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.21202 1.21202 1.21202 1.21202 0.00000
Prev. Close Volume Bid Ask Time
1.21363 0 2022-06-28 00:00:00
Volatility38.75Expiration2022-06-30
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