Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
PJM BGE PEAK LMP NOVEMBER 2021 (NYMEX:QE3.X21)
Long-Term Uptrend (+90) - QE3.X21 is in a strong uptrend that is likely to continue. While QE3.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QE3.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE3.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE3.X21
The long-term trend has been UP since May 12th, 2021 at 35.26
The intermediate-term trend has been UP since Aug 26th, 2021 at 41.07
The short-term trend has been UP since Aug 20th, 2021 at 39.08
Smart Scan Analysis for QE3.X21
Based on our trend formula, QE3.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).