Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
PJM NO. ILLINOIS OFF-PEAK LMP FEBRUARY 2022 (NYMEX:QL3.G22)
Bull Market Weakness (+75) - QL3.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QL3.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QL3.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL3.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL3.G22
The long-term trend has been UP since Mar 26th, 2021 at 24.85
The intermediate-term trend has been UP since Feb 16th, 2021 at 24.13
The short-term trend has been UP since Aug 23rd, 2021 at 35.38
Smart Scan Analysis for QL3.G22
Based on our trend formula, QL3.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).