Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
NYISO ZN C 5 MW DAY AHEAD (PEAK) JANUARY 2024 (NYMEX:QQ5.F24)
Countertrend Up (+85) - QQ5.F24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QQ5.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQ5.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QQ5.F24
The long-term trend has been UP since Apr 30th, 2021 at 37.91
The intermediate-term trend has been UP since Apr 12th, 2021 at 35.05
The short-term trend has been UP since Sep 21st, 2021 at 58.48
Smart Scan Analysis for QQ5.F24
Based on our trend formula, QQ5.F24 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).