Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
PJM NO. ILLINOIS OFF-PEAK LMP Oct 2024 (NYMEX:QL3.V24)
Sidelines Mode (+55) - QL3.V24 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.V24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QL3.V24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QL3.V24
The long-term trend has been UP since May 3rd, 2021 at 18.70
The intermediate-term trend has been UP since Jul 26th, 2021 at 19.50
The short-term trend has been DOWN since Sep 1st, 2021 at 19.91
Smart Scan Analysis for QL3.V24
Based on our trend formula, QL3.V24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).