Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
NYISO ZN J 5 MW DAY AHEAD (OFF PEAK) Nov 2021 (NYMEX:QD4.X21)
Bull Market Weakness (+75) - QD4.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QD4.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QD4.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD4.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD4.X21
The long-term trend has been UP since Mar 2nd, 2021 at 24.6
The intermediate-term trend has been UP since Feb 2nd, 2021 at 24.1
The short-term trend has been UP since Sep 1st, 2021 at 40.7
Smart Scan Analysis for QD4.X21
Based on our trend formula, QD4.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).