Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NYISO ZONE E OFF PEAK CAL DAY AHEAD NOVEMBER 2021 (NYMEX:QA58.X21)
Long-Term Uptrend (+90) - QA58.X21 is in a strong uptrend that is likely to continue. While QA58.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QA58.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QA58.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QA58.X21
The long-term trend has been UP since Mar 8th, 2021 at 20.08
The intermediate-term trend has been UP since May 4th, 2021 at 20.00
The short-term trend has been UP since Sep 1st, 2021 at 27.64
Smart Scan Analysis for QA58.X21
Based on our trend formula, QA58.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).