Future Trend Analysis Report
Prepared for you on Saturday, October 1, 2022.
NYISO ZN J 5 MW DAY AHEAD (PEAK) OCTOBER 2022 (NYMEX:QD3.V22)
Bull Market Weakness (+75) - QD3.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD3.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD3.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD3.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD3.V22
The long-term trend has been UP since May 26th, 2020 at 27.69
The intermediate-term trend has been UP since Aug 27th, 2021 at 37.75
The short-term trend has been UP since Sep 8th, 2021 at 38.85
Smart Scan Analysis for QD3.V22
Based on our trend formula, QD3.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).