Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
MT BELVIEU PHYSICAL ETHANE OCTOBER 2021 (NYMEX:Q3Q.V21)
Long-Term Uptrend (+90) - Q3Q.V21 is in a strong uptrend that is likely to continue. While Q3Q.V21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid Q3Q.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q3Q.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q3Q.V21
The long-term trend has been UP since Apr 22nd, 2021 at 0.24563
The intermediate-term trend has been UP since Sep 1st, 2021 at 0.34500
The short-term trend has been UP since Sep 8th, 2021 at 0.36500
Smart Scan Analysis for Q3Q.V21
Based on our trend formula, Q3Q.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).