Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
MONT BELVIEU MINI LDH PROPANE MAY 2022 (NYMEX:Q81.K22)
Bull Market Weakness (+75) - Q81.K22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q81.K22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q81.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q81.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q81.K22
The long-term trend has been UP since Nov 27th, 2020 at 0.46563
The intermediate-term trend has been UP since Aug 27th, 2021 at 0.88188
The short-term trend has been UP since Aug 24th, 2021 at 0.84750
Smart Scan Analysis for Q81.K22
Based on our trend formula, Q81.K22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).