Future Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
MONT BELVIEU SPOT ETHYLENE (PCW) IN WELL OCTOBER 2023 (NYMEX:QMBE.V23)
Weak Downtrend (-65) - QMBE.V23 is showing signs of a strengthening downtrend. Monitor QMBE.V23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QMBE.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QMBE.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QMBE.V23
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.V23
Based on our trend formula, QMBE.V23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).