Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
NYISO ZN J 5 MW DAY AHEAD (OFF PEAK) JULY 2022 (NYMEX:QD4.N22)
Bull Market Weakness (+75) - QD4.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD4.N22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD4.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD4.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD4.N22
The long-term trend has been UP since Aug 19th, 2020 at 27.13
The intermediate-term trend has been UP since Mar 31st, 2021 at 27.76
The short-term trend has been UP since Sep 8th, 2021 at 36.21
Smart Scan Analysis for QD4.N22
Based on our trend formula, QD4.N22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).