Future Trend Analysis Report
Prepared for you on Tuesday, December 7, 2021.
PJM AECO ZONE OFF_PEAK LMP Nov 2022 (NYMEX:QX1.X22)
Bull Market Weakness (+75) - QX1.X22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QX1.X22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QX1.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QX1.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QX1.X22
The long-term trend has been UP since Jul 27th, 2020 at 17.69
The intermediate-term trend has been UP since May 26th, 2021 at 20.31
The short-term trend has been UP since Aug 20th, 2021 at 23.49
Smart Scan Analysis for QX1.X22
Based on our trend formula, QX1.X22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).