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Prepared for you on Saturday, January 29, 2022.

MONT BELVIEU BUTANE VS EUROPEAN BUTANE MAY 2024 (NYMEX:QTEF.K24)

Bear Market Rally (-75) - QTEF.K24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QTEF.K24 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid QTEF.K24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QTEF.K24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QTEF.K24
Open High Low QTEF.K24 Price Change
-109.04 -109.04 -109.04 -109.04 -11.88
Entry Signal

MarketClub’s Trade Triangles for QTEF.K24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QTEF.K24

Based on our trend formula, QTEF.K24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for QTEF.K24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-109.04 -109.04 -109.04 -109.04 -11.88
Prev. Close Volume Bid Ask Time
-97.16 0 2022-01-25 00:00:00
Volatility456.19Expiration2024-05-31
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