Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
PJM PEPCO OFF_PEAK LMP Jun 2022 (NYMEX:QQ8.M22)
Long-Term Uptrend (+90) - QQ8.M22 is in a strong uptrend that is likely to continue. While QQ8.M22 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 QQ8.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQ8.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QQ8.M22
The long-term trend has been UP since May 26th, 2021 at 21.94
The intermediate-term trend has been UP since May 26th, 2021 at 21.86
The short-term trend has been UP since Aug 23rd, 2021 at 25.24
Smart Scan Analysis for QQ8.M22
Based on our trend formula, QQ8.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).