Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
PJM WESTERN HUB PEAK CAL-MO RT LMP JUNE 2022 (NYMEX:QAL1.M22)
Countertrend Up (+85) - QAL1.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QAL1.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAL1.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAL1.M22
The long-term trend has been UP since Apr 27th, 2021 at 29.55
The intermediate-term trend has been UP since Mar 25th, 2021 at 28.40
The short-term trend has been UP since Aug 20th, 2021 at 35.95
Smart Scan Analysis for QAL1.M22
Based on our trend formula, QAL1.M22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).