Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
ARGUS PROPANE FAR EAST INDEX JUNE 2022 (NYMEX:Q7E.M22)
Countertrend Up (+85) - Q7E.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 Q7E.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7E.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7E.M22
The long-term trend has been UP since Sep 25th, 2020 at 344.078
The intermediate-term trend has been UP since Sep 8th, 2021 at 576.278
The short-term trend has been UP since Sep 8th, 2021 at 575.448
Smart Scan Analysis for Q7E.M22
Based on our trend formula, Q7E.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).