Future Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
PJM WESTERN OFF_PEAK LMP JUNE 2023 (NYMEX:QE4L.M23)
Strong Downtrend (-100) - QE4L.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QE4L.M23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QE4L.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE4L.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE4L.M23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QE4L.M23
Based on our trend formula, QE4L.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).