Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM WEST OFF_PEAK RT LMP OCTOBER 2023 (NYMEX:QN9.V23)
Long-Term Uptrend (+90) - QN9.V23 is in a strong uptrend that is likely to continue. While QN9.V23 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.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN9.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN9.V23
The long-term trend has been UP since May 21st, 2021 at 20.71
The intermediate-term trend has been UP since May 21st, 2021 at 20.67
The short-term trend has been UP since Sep 27th, 2021 at 24.47
Smart Scan Analysis for QN9.V23
Based on our trend formula, QN9.V23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).