Future Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
PJM PENELEC PEAK CAL DAY AHEAD Dec 2023 (NYMEX:QA49.Z23)
Strong Downtrend (-100) - QA49.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QA49.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QA49.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA49.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA49.Z23
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.Z23
Based on our trend formula, QA49.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).