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.
MarketClub’s Trade Triangles for QAL1.X24
The long-term trend has been UP since May 14th, 2021 at 29.77
The intermediate-term trend has been UP since Jul 29th, 2021 at 31.66
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).