Future Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
PJM PENELEC PEAK CAL DAY AHEAD AUGUST 2021 (NYMEX:QA49.Q21)
Bear Market Rally (-75) - QA49.Q21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QA49.Q21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QA49.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA49.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA49.Q21
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 QA49.Q21
Based on our trend formula, QA49.Q21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).