Future Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
PJM PENELEC OFF PEAK CAL DAY AHEAD SEPTEMBER 2023 (NYMEX:QA50.U23)
Strong Downtrend (-100) - QA50.U23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QA50.U23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QA50.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA50.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA50.U23
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 QA50.U23
Based on our trend formula, QA50.U23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).