Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
NYISO ZN A 5 MW DAY AHEAD (PEAK) JUNE 2022 (NYMEX:QK3.M22)
Bull Market Weakness (+75) - QK3.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QK3.M22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QK3.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QK3.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QK3.M22
The long-term trend has been UP since May 18th, 2020 at 30.28
The intermediate-term trend has been UP since Sep 10th, 2021 at 35.25
The short-term trend has been UP since Oct 4th, 2021 at 35.50
Smart Scan Analysis for QK3.M22
Based on our trend formula, QK3.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).