Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
MIDWEST ISO IND 5 MW DAY AHEAD OFF-PEAK FEBRUARY 2022 (NYMEX:QK2.G22)
Bull Market Weakness (+75) - QK2.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QK2.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QK2.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QK2.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QK2.G22
The long-term trend has been UP since Aug 4th, 2020 at 26.69
The intermediate-term trend has been UP since Mar 22nd, 2021 at 29.41
The short-term trend has been UP since Aug 23rd, 2021 at 40.04
Smart Scan Analysis for QK2.G22
Based on our trend formula, QK2.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).