Future Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
PJM METED PEAK CAL DAY AHEAD Jun 2020 (NYMEX:QA47.M20)
Long-Term Downtrend (-90) - QA47.M20 is in a strong downtrend that is likely to continue. While QA47.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QA47.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA47.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA47.M20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QA47.M20
Based on our trend formula, QA47.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).