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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

PJM NI HUB 5 MW RT (OFF PEAK) OCTOBER 2023 (NYMEX:QB6.V23)

Countertrend Up (+85) - QB6.V23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QB6.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QB6.V23.

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

NYMEX_QB6.V23
Open High Low QB6.V23 Price Change
33.3 33.3 33.3 33.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QB6.V23

long term up The long-term trend has been UP since May 3rd, 2021 at 17.85

intermediate term up The intermediate-term trend has been UP since Jul 26th, 2021 at 19.08

short term up The short-term trend has been UP since Sep 9th, 2021 at 20.87

Smart Scan Analysis for QB6.V23

Based on our trend formula, QB6.V23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QB6.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.3 33.3 33.3 33.3 0.0
Prev. Close Volume Bid Ask Time
33.3 0 2022-08-05 00:00:00
Volatility85.17Expiration2023-09-29
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