Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
PJM PSEG ZONE PEAK DAY AHEAD DECEMBER 2021 (NYMEX:QL6.Z21)
Bull Market Weakness (+75) - QL6.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QL6.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QL6.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL6.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL6.Z21
The long-term trend has been UP since Apr 27th, 2021 at 33.07
The intermediate-term trend has been UP since Apr 9th, 2021 at 32.10
The short-term trend has been UP since Aug 20th, 2021 at 43.63
Smart Scan Analysis for QL6.Z21
Based on our trend formula, QL6.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).