Future Trend Analysis Report
Prepared for you on Sunday, October 2, 2022.
PJM WESTERN OFF_PEAK LMP FEBRUARY 2023 (NYMEX:QE4L.G23)
Bull Market Weakness (+75) - QE4L.G23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE4L.G23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE4L.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE4L.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE4L.G23
The long-term trend has been UP since Apr 28th, 2021 at 33.33
The intermediate-term trend has been UP since Apr 9th, 2021 at 32.91
The short-term trend has been UP since Sep 8th, 2021 at 41.19
Smart Scan Analysis for QE4L.G23
Based on our trend formula, QE4L.G23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).