Future Trend Analysis Report
Prepared for you on Tuesday, January 25, 2022.
PJM WESTERN OFF_PEAK LMP Feb 2022 (NYMEX:QE4L.G22)
Bull Market Weakness (+75) - QE4L.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE4L.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE4L.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE4L.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE4L.G22
The long-term trend has been UP since Feb 17th, 2021 at 34.00
The intermediate-term trend has been UP since Mar 26th, 2021 at 33.67
The short-term trend has been UP since Aug 20th, 2021 at 45.20
Smart Scan Analysis for QE4L.G22
Based on our trend formula, QE4L.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).