Future Trend Analysis Report
Prepared for you on Saturday, September 25, 2021.
MONT BELVIEU SPOT ETHYLENE (PCW) IN WELL SEPTEMBER 2021 (NYMEX:QMBE.U21)
Long-Term Downtrend (-90) - QMBE.U21 is in a strong downtrend that is likely to continue. While QMBE.U21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QMBE.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBE.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBE.U21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QMBE.U21
Based on our trend formula, QMBE.U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).