Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
PJM NO. ILLINOIS -PEAK LMP Jul 2022 (NYMEX:QN3.N22)
Bull Market Weakness (+75) - QN3.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QN3.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QN3.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN3.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN3.N22
The long-term trend has been UP since May 18th, 2020 at 29.60
The intermediate-term trend has been UP since Dec 22nd, 2020 at 32.54
The short-term trend has been UP since Aug 20th, 2021 at 42.80
Smart Scan Analysis for QN3.N22
Based on our trend formula, QN3.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).