Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
PJM PSEG ZONE OFF-PEAK DAY AHEAD Nov 2023 (NYMEX:QW6.X23)
Bull Market Weakness (+75) - QW6.X23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QW6.X23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QW6.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QW6.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QW6.X23
The long-term trend has been UP since May 29th, 2020 at 16.82
The intermediate-term trend has been UP since Jul 23rd, 2021 at 20.13
The short-term trend has been DOWN since Sep 16th, 2021 at 21.70
Smart Scan Analysis for QW6.X23
Based on our trend formula, QW6.X23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).