Future Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
PJM AECO ZONE OFF_PEAK LMP Jan 2024 (NYMEX:QX1.F24)
Long-Term Uptrend (+90) - QX1.F24 is in a strong uptrend that is likely to continue. While QX1.F24 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 QX1.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX1.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX1.F24
The long-term trend has been UP since May 28th, 2021 at 38.05
The intermediate-term trend has been UP since Jul 21st, 2021 at 38.83
The short-term trend has been UP since Aug 20th, 2021 at 41.78
Smart Scan Analysis for QX1.F24
Based on our trend formula, QX1.F24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).