Spread Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
PJM WESTERN HUB PEAK CAL-MO RT LMP JUN 22/JAN 23 (NYMEX:QAL1.M22-QAL1.F23)
Long-Term Downtrend (-90) - QAL1.M22-QAL1.F23 is in a strong downtrend that is likely to continue. While QAL1.M22-QAL1.F23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QAL1.M22-QAL1.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAL1.M22-QAL1.F23.
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-QAL1.F23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QAL1.M22-QAL1.F23
Based on our trend formula, QAL1.M22-QAL1.F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).