Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
PJM COMED 5 MW DAY AHEAD (OFF PEAK) OCTOBER 2022 (NYMEX:QD9.V22)
Bull Market Weakness (+75) - QD9.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD9.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD9.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD9.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD9.V22
The long-term trend has been UP since May 21st, 2021 at 18.95
The intermediate-term trend has been UP since Apr 15th, 2021 at 18.64
The short-term trend has been UP since Sep 8th, 2021 at 24.45
Smart Scan Analysis for QD9.V22
Based on our trend formula, QD9.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).