Future Trend Analysis Report
Prepared for you on Tuesday, December 6, 2022.
PJM NO. ILLINOIS OFF-PEAK LMP JULY 2024 (NYMEX:QL3.N24)
Bear Market Rally (-75) - QL3.N24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QL3.N24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QL3.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL3.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL3.N24
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.N24
Based on our trend formula, QL3.N24 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).