Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
PJM JCPL PEAK LMP JULY 2022 (NYMEX:QJ2.N22)
Bull Market Weakness (+75) - QJ2.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QJ2.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QJ2.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJ2.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJ2.N22
The long-term trend has been UP since Jun 11th, 2020 at 29.12
The intermediate-term trend has been UP since Aug 26th, 2021 at 42.97
The short-term trend has been DOWN since Sep 24th, 2021 at 47.46
Smart Scan Analysis for QJ2.N22
Based on our trend formula, QJ2.N22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).