Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
PJM NO. ILLINOIS OFF-PEAK LMP May 2022 (NYMEX:QL3.K22)
Weak Downtrend (-65) - QL3.K22 is showing signs of a strengthening downtrend. Monitor QL3.K22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QL3.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL3.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL3.K22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QL3.K22
Based on our trend formula, QL3.K22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).