Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
PJM DPL OFF_PEAK LMP Nov 2021 (NYMEX:QE8.X21)
Strong Uptrend (+100) - QE8.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QE8.X21 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 QE8.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QE8.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QE8.X21
The long-term trend has been UP since Aug 14th, 2020 at 20.29
The intermediate-term trend has been UP since Apr 14th, 2021 at 21.75
The short-term trend has been UP since Aug 23rd, 2021 at 30.72
Smart Scan Analysis for QE8.X21
Based on our trend formula, QE8.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).