Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
PJM WESTERN HUB PEAK CAL-MO RT LMP JANUARY 2024 (NYMEX:QAL1.F24)
Bull Market Weakness (+75) - QAL1.F24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAL1.F24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAL1.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAL1.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAL1.F24
The long-term trend has been UP since May 3rd, 2021 at 45.28
The intermediate-term trend has been UP since Apr 1st, 2021 at 43.68
The short-term trend has been UP since Aug 16th, 2021 at 51.68
Smart Scan Analysis for QAL1.F24
Based on our trend formula, QAL1.F24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).