Analyze Symbol

Future Trend Analysis Report

Prepared for you on Sunday, December 9, 2018.

PJM WEST OFF_PEAK RT LMP Aug 2020 (E) (NYMEX:N9L.Q20.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_N9L.Q20.E
Open High Low N9L.Q20.E Price Change
23.53 23.53 23.53 23.53 -0.02
Entry Signal

MarketClub’s Trade Triangles for N9L.Q20.E

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 N9L.Q20.E

Based on a pre-defined weighted trend formula for chart analysis, N9L.Q20.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for N9L.Q20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.53 23.53 23.53 23.53 -0.02
Prev. Close Volume Bid Ask Time
23.53 2040 2018-11-29 19:21:26
Contract High23.75Contract High Date2018-11-14
Contract Low22.13Contract Low Date2018-09-06
Estimated Volume2040First Delivery2020-09-15
Expiration2020-07-31Open Time18:00
Close Time17:00
Want to analyze PJM WEST OFF_PEAK RT LMP Aug 2020 (E) N9L.Q20.E or another symbol? Try our Free Future Trend Analysis Report.