Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
PJM WESTERN PEAK LMP JUNE 2022 (NYMEX:QJ4L.M22)
Bull Market Weakness (+75) - QJ4L.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QJ4L.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QJ4L.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QJ4L.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QJ4L.M22
The long-term trend has been UP since Apr 27th, 2021 at 29.55
The intermediate-term trend has been UP since Mar 24th, 2021 at 28.38
The short-term trend has been UP since Aug 20th, 2021 at 35.95
Smart Scan Analysis for QJ4L.M22
Based on our trend formula, QJ4L.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).