Future Trend Analysis Report
Prepared for you on Wednesday, August 4, 2021.
PJM NO. ILLINOIS OFF-PEAK LMP AUGUST 2021 (NYMEX:QL3.Q21)
Bear Market Rally (-75) - QL3.Q21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QL3.Q21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QL3.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL3.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL3.Q21
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.Q21
Based on our trend formula, QL3.Q21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).