Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
PJM WESTERN OFF_PEAK LMP DECEMBER 2021 (NYMEX:QE4L.Z21)
Strong Uptrend (+100) - QE4L.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QE4L.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QE4L.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE4L.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE4L.Z21
The long-term trend has been UP since Feb 17th, 2021 at 26.85
The intermediate-term trend has been UP since Apr 9th, 2021 at 25.95
The short-term trend has been UP since Aug 23rd, 2021 at 35.92
Smart Scan Analysis for QE4L.Z21
Based on our trend formula, QE4L.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).