Future Trend Analysis Report
Prepared for you on Friday, July 1, 2022.
NYISO ZN G 5 MW DAY AHEAD (OFF PEAK) MAY 2024 (NYMEX:QD2.K24)
Crossroads (-60) - QD2.K24 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QD2.K24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD2.K24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD2.K24
The long-term trend has been DOWN since Aug 20th, 2021 at 25.20
The intermediate-term trend has been UP since Sep 29th, 2021 at 24.35
The short-term trend has been UP since Sep 29th, 2021 at 24.35
Smart Scan Analysis for QD2.K24
Based on our trend formula, QD2.K24 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).