Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
PJM DPL OFF_PEAK LMP Aug 2022 (NYMEX:QE8.Q22)
Bull Market Weakness (+75) - QE8.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE8.Q22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE8.Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE8.Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE8.Q22
The long-term trend has been UP since Apr 13th, 2021 at 21.10
The intermediate-term trend has been UP since Apr 13th, 2021 at 21.07
The short-term trend has been UP since Aug 20th, 2021 at 25.73
Smart Scan Analysis for QE8.Q22
Based on our trend formula, QE8.Q22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).