Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
MONT BELVIEU ISO BUTANE 5 DECIMAL SEPTEMBER 2022 (NYMEX:Q8I.U22)
Bull Market Weakness (+75) - Q8I.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q8I.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q8I.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q8I.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q8I.U22
The long-term trend has been UP since Aug 17th, 2020 at 0.49882
The intermediate-term trend has been UP since Sep 1st, 2021 at 0.95813
The short-term trend has been UP since Aug 24th, 2021 at 0.92375
Smart Scan Analysis for Q8I.U22
Based on our trend formula, Q8I.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).