Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
PJM PECO ZONE 5 MW OFFPEAK CAMO LMP APRIL 2024 (NYMEX:Q4P.J24)
Bear Market Rally (-75) - Q4P.J24 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on Q4P.J24 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid Q4P.J24?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q4P.J24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q4P.J24
The long-term trend has been DOWN since Sep 7th, 2021 at 18.89
The intermediate-term trend has been DOWN since Aug 31st, 2021 at 19.07
The short-term trend has been UP since Sep 9th, 2021 at 18.93
Smart Scan Analysis for Q4P.J24
Based on our trend formula, Q4P.J24 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).