Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
CAISO SP15 EZ GEN HUB 5 MW OFF-PEAK RT JULY 2022 (NYMEX:Q2E.N22)
Bull Market Weakness (+75) - Q2E.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on Q2E.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid Q2E.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for Q2E.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for Q2E.N22
The long-term trend has been UP since Aug 17th, 2020 at 33.64
The intermediate-term trend has been UP since Aug 3rd, 2021 at 45.72
The short-term trend has been UP since Sep 9th, 2021 at 54.50
Smart Scan Analysis for Q2E.N22
Based on our trend formula, Q2E.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).