Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
PJM DPL OFF_PEAK LMP AUGUST 2024 (NYMEX:QE8.Q24)
Bull Market Weakness (+75) - QE8.Q24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QE8.Q24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QE8.Q24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE8.Q24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE8.Q24
The long-term trend has been UP since May 12th, 2021 at 22.36
The intermediate-term trend has been UP since Jul 26th, 2021 at 22.93
The short-term trend has been UP since Aug 16th, 2021 at 22.76
Smart Scan Analysis for QE8.Q24
Based on our trend formula, QE8.Q24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).