Future Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
PJM WEST OFF_PEAK RT LMP Sep 2022 (NYMEX:QN9.U22)
Countertrend Up (+85) - QN9.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QN9.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN9.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN9.U22
The long-term trend has been UP since Apr 19th, 2021 at 20.95
The intermediate-term trend has been UP since Apr 13th, 2021 at 20.50
The short-term trend has been UP since Aug 20th, 2021 at 25.10
Smart Scan Analysis for QN9.U22
Based on our trend formula, QN9.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).