Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
NYISO ZN J 5 MW DAY AHEAD (OFF PEAK) Oct 2022 (NYMEX:QD4.V22)
Bull Market Weakness (+75) - QD4.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD4.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD4.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD4.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD4.V22
The long-term trend has been UP since Jun 8th, 2021 at 25.50
The intermediate-term trend has been UP since Aug 31st, 2021 at 27.85
The short-term trend has been UP since Aug 23rd, 2021 at 27.15
Smart Scan Analysis for QD4.V22
Based on our trend formula, QD4.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).