Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
MINI ARGUS PROPANE FAR EAST OCTOBER 2021 (NYMEX:QMAE.V21)
Long-Term Uptrend (+90) - QMAE.V21 is in a strong uptrend that is likely to continue. While QMAE.V21 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 QMAE.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMAE.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMAE.V21
The long-term trend has been UP since Jul 21st, 2020 at 342.240
The intermediate-term trend has been UP since Sep 1st, 2021 at 719.328
The short-term trend has been UP since Sep 10th, 2021 at 722.560
Smart Scan Analysis for QMAE.V21
Based on our trend formula, QMAE.V21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).