Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
PJM AECO ZONE OFF_PEAK LMP NOVEMBER 2021 (NYMEX:QX1.X21)
Long-Term Uptrend (+90) - QX1.X21 is in a strong uptrend that is likely to continue. While QX1.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX1.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX1.X21
The long-term trend has been UP since Aug 14th, 2020 at 18.73
The intermediate-term trend has been UP since Apr 14th, 2021 at 20.00
The short-term trend has been UP since Aug 23rd, 2021 at 28.97
Smart Scan Analysis for QX1.X21
Based on our trend formula, QX1.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).