Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
MT BELVIEU PHYSICAL NORMAL BUTANE Sep 2022 (NYMEX:Q3M.U22)
Long-Term Downtrend (-90) - Q3M.U22 is in a strong downtrend that is likely to continue. While Q3M.U22 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 Q3M.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q3M.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q3M.U22
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 Q3M.U22
Based on our trend formula, Q3M.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).