Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
PJM DPL OFF_PEAK LMP JULY 2024 (NYMEX:QE8.N24)
Bull Market Weakness (+75) - QE8.N24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE8.N24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE8.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE8.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE8.N24
The long-term trend has been UP since May 14th, 2021 at 24.06
The intermediate-term trend has been UP since Aug 26th, 2021 at 24.86
The short-term trend has been UP since Aug 23rd, 2021 at 24.60
Smart Scan Analysis for QE8.N24
Based on our trend formula, QE8.N24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).