Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
MONT BELVIEU LDH PROPANE APRIL 2024 (NYMEX:QB0.J24)
Long-Term Uptrend (+90) - QB0.J24 is in a strong uptrend that is likely to continue. While QB0.J24 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QB0.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QB0.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QB0.J24
The long-term trend has been UP since May 4th, 2021 at 0.53625
The intermediate-term trend has been UP since Sep 9th, 2021 at 0.66125
The short-term trend has been UP since Sep 3rd, 2021 at 0.65500
Smart Scan Analysis for QB0.J24
Based on our trend formula, QB0.J24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).