Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
PJM PSEG ZONE OFF-PEAK DAY AHEAD JULY 2022 (NYMEX:QW6.N22)
Long-Term Uptrend (+90) - QW6.N22 is in a strong uptrend that is likely to continue. While QW6.N22 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 QW6.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QW6.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QW6.N22
The long-term trend has been UP since Mar 1st, 2021 at 20.83
The intermediate-term trend has been UP since Apr 14th, 2021 at 20.82
The short-term trend has been UP since Aug 23rd, 2021 at 24.75
Smart Scan Analysis for QW6.N22
Based on our trend formula, QW6.N22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).