Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
PJM NI HUB 5 MW RT (PEAK) SEPTEMBER 2022 (NYMEX:QAB3.U22)
Bull Market Weakness (+75) - QAB3.U22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAB3.U22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAB3.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAB3.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAB3.U22
The long-term trend has been UP since May 18th, 2020 at 24.59
The intermediate-term trend has been UP since Feb 16th, 2021 at 27.13
The short-term trend has been UP since Aug 20th, 2021 at 35.37
Smart Scan Analysis for QAB3.U22
Based on our trend formula, QAB3.U22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).