Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
MONT BELVIEU NORMAL BUTANE NON-LDH Jun 2022 (NYMEX:QAD0.M22)
Bull Market Weakness (+75) - QAD0.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAD0.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAD0.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAD0.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAD0.M22
The long-term trend has been UP since Aug 18th, 2020 at 0.47188
The intermediate-term trend has been UP since Aug 27th, 2021 at 0.97000
The short-term trend has been UP since Aug 24th, 2021 at 0.93688
Smart Scan Analysis for QAD0.M22
Based on our trend formula, QAD0.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).