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Future Trend Analysis Report

Prepared for you on Tuesday, August 9, 2022.

PJM WESTERN HUB PEAK CAL-MO RT LMP NOVEMBER 2024 (NYMEX:QAL1.X24)

Countertrend Up (+85) - QAL1.X24 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.X24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAL1.X24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QAL1.X24
Open High Low QAL1.X24 Price Change
50.64 50.64 50.64 50.64 0.00
Entry Signal

MarketClub’s Trade Triangles for QAL1.X24

long term up The long-term trend has been UP since May 14th, 2021 at 29.77

intermediate term up The intermediate-term trend has been UP since Jul 29th, 2021 at 31.66

short term up The short-term trend has been UP since Sep 1st, 2021 at 32.37

Smart Scan Analysis for QAL1.X24

Based on our trend formula, QAL1.X24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QAL1.X24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
50.64 50.64 50.64 50.64 0.00
Prev. Close Volume Bid Ask Time
50.64 0 2022-08-08 00:00:00
Volatility36.42Expiration2024-10-31
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