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Future Trend Analysis Report

Prepared for you on Friday, May 27, 2022.

PJM JCPL PEAK LMP JUNE 2024 (NYMEX:QJ2.M24)

Countertrend Up (+85) - QJ2.M24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QJ2.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QJ2.M24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QJ2.M24
Open High Low QJ2.M24 Price Change
39.67 39.67 39.67 39.67 0.00
Entry Signal

MarketClub’s Trade Triangles for QJ2.M24

long term up The long-term trend has been UP since May 26th, 2021 at 25.00

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 23.86

short term up The short-term trend has been UP since Sep 9th, 2021 at 27.58

Smart Scan Analysis for QJ2.M24

Based on our trend formula, QJ2.M24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QJ2.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.67 39.67 39.67 39.67 0.00
Prev. Close Volume Bid Ask Time
39.67 0 2022-05-26 00:00:00
Volatility33.93Expiration2024-05-31
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