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Future Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

PJM NO. ILLINOIS OFF-PEAK LMP Apr 2022 (NYMEX:QL3.J22)

Sidelines Mode (+55) - QL3.J22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid QL3.J22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QL3.J22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QL3.J22
Open High Low QL3.J22 Price Change
29.9 29.9 29.9 29.9 0.0
Entry Signal

MarketClub’s Trade Triangles for QL3.J22

long term up The long-term trend has been UP since Mar 26th, 2021 at 19.18

intermediate term up The intermediate-term trend has been UP since Apr 27th, 2021 at 19.41

short term down The short-term trend has been DOWN since Sep 9th, 2021 at 24.94

Smart Scan Analysis for QL3.J22

Based on our trend formula, QL3.J22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for QL3.J22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.9 29.9 29.9 29.9 0.0
Prev. Close Volume Bid Ask Time
30.3 0 2021-12-06 00:00:00
Volatility35.65Expiration2022-03-30
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