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Future Trend Analysis Report

Prepared for you on Monday, August 15, 2022.

PJM PENELEC PEAK CAL DAY AHEAD AUGUST 2024 (NYMEX:QA49.Q24)

Long-Term Downtrend (-90) - QA49.Q24 is in a strong downtrend that is likely to continue. While QA49.Q24 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 QA49.Q24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QA49.Q24.

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

NYMEX_QA49.Q24
Open High Low QA49.Q24 Price Change
66.3 66.3 66.3 66.3 0.0
Entry Signal

MarketClub’s Trade Triangles for QA49.Q24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QA49.Q24

Based on our trend formula, QA49.Q24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QA49.Q24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.3 66.3 66.3 66.3 0.0
Prev. Close Volume Bid Ask Time
66.3 0 2022-08-12 00:00:00
Volatility50.21Expiration2024-07-31
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