Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
PJM BGE PEAK LMP Oct 2022 (NYMEX:QE3.V22)
Bull Market Weakness (+75) - QE3.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE3.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE3.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE3.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE3.V22
The long-term trend has been UP since Jun 1st, 2021 at 32.78
The intermediate-term trend has been UP since Jul 28th, 2021 at 34.01
The short-term trend has been UP since Aug 20th, 2021 at 40.86
Smart Scan Analysis for QE3.V22
Based on our trend formula, QE3.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).