Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
PJM PENELEC OFF PEAK CAL DAY AHEAD NOVEMBER 2021 (NYMEX:QA50.X21)
Bull Market Weakness (+75) - QA50.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QA50.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QA50.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA50.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA50.X21
The long-term trend has been UP since Aug 14th, 2020 at 21.50
The intermediate-term trend has been UP since Apr 14th, 2021 at 22.75
The short-term trend has been UP since Aug 23rd, 2021 at 31.37
Smart Scan Analysis for QA50.X21
Based on our trend formula, QA50.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).