Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM WEST OFF_PEAK RT LMP MAY 2023 (NYMEX:QN9.K23)
Long-Term Uptrend (+90) - QN9.K23 is in a strong uptrend that is likely to continue. While QN9.K23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QN9.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN9.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN9.K23
The long-term trend has been UP since Apr 12th, 2021 at 20.26
The intermediate-term trend has been UP since Jun 4th, 2021 at 20.43
The short-term trend has been UP since Aug 23rd, 2021 at 21.88
Smart Scan Analysis for QN9.K23
Based on our trend formula, QN9.K23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).