Future Trend Analysis Report
Prepared for you on Sunday, May 28, 2023.
MONT BELVIEU ISO BUTANE 5 DECIMAL MAY 2023 (NYMEX:Q8I.K23)
Long-Term Downtrend (-90) - Q8I.K23 is in a strong downtrend that is likely to continue. While Q8I.K23 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 Q8I.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q8I.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q8I.K23
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 Q8I.K23
Based on our trend formula, Q8I.K23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).