Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
CONWAY NORMAL BUTANE (OPIS) Jun 2022 (NYMEX:QA8M.M22)
Bull Market Weakness (+75) - QA8M.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA8M.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA8M.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA8M.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA8M.M22
The long-term trend has been UP since Dec 29th, 2020 at 0.56114
The intermediate-term trend has been UP since Jul 30th, 2021 at 0.98000
The short-term trend has been UP since Sep 9th, 2021 at 1.04875
Smart Scan Analysis for QA8M.M22
Based on our trend formula, QA8M.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).