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Future Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

MONT BELVIEU SPOT ETHYLENE (PCW) IN WELL Aug 2022 (NYMEX:QMBE.Q22)

Countertrend Down (-85) - QMBE.Q22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QMBE.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QMBE.Q22.

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

NYMEX_QMBE.Q22
Open High Low QMBE.Q22 Price Change
0.28542 0.28542 0.28542 0.28542 0.00000
Entry Signal

MarketClub’s Trade Triangles for QMBE.Q22

long term down The long-term trend has been DOWN since Jun 11th, 2021 at 0.24625

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 0.27000

short term up The short-term trend has been UP since Sep 15th, 2021 at 0.24875

Smart Scan Analysis for QMBE.Q22

Based on our trend formula, QMBE.Q22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QMBE.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.28542 0.28542 0.28542 0.28542 0.00000
Prev. Close Volume Bid Ask Time
0.28542 0 2022-05-25 00:00:00
Volatility45.69Expiration2022-08-30
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