Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
MONT BELVIEU ISO BUTANE 5 DECIMAL Jun 2022 (NYMEX:Q8I.M22)
Countertrend Up (+85) - Q8I.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 Q8I.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q8I.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q8I.M22
The long-term trend has been UP since Aug 17th, 2020 at 0.48657
The intermediate-term trend has been UP since Aug 31st, 2021 at 0.97688
The short-term trend has been UP since Aug 24th, 2021 at 0.94500
Smart Scan Analysis for Q8I.M22
Based on our trend formula, Q8I.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).