Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM BGE OFF_PEAK LMP APRIL 2024 (NYMEX:QR3.J24)
Long-Term Uptrend (+90) - QR3.J24 is in a strong uptrend that is likely to continue. While QR3.J24 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 QR3.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QR3.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QR3.J24
The long-term trend has been UP since Jun 1st, 2021 at 23.89
The intermediate-term trend has been UP since Sep 28th, 2021 at 24.46
The short-term trend has been UP since Sep 9th, 2021 at 24.09
Smart Scan Analysis for QR3.J24
Based on our trend formula, QR3.J24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).