Future Trend Analysis Report
Prepared for you on Saturday, December 4, 2021.
ARGUS PROPANE FAR EAST INDEX NOVEMBER 2021 (NYMEX:Q7E.X21)
Bull Market Weakness (+75) - Q7E.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q7E.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q7E.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q7E.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q7E.X21
The long-term trend has been UP since Jul 8th, 2020 at 347.462
The intermediate-term trend has been UP since Sep 1st, 2021 at 716.650
The short-term trend has been UP since Aug 24th, 2021 at 688.102
Smart Scan Analysis for Q7E.X21
Based on our trend formula, Q7E.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).