Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
NYISO ZN C 5 MW DAY AHEAD (PEAK) MAY 2023 (NYMEX:QQ5.K23)
Bull Market Weakness (+75) - QQ5.K23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QQ5.K23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QQ5.K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQ5.K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QQ5.K23
The long-term trend has been DOWN since Aug 23rd, 2021 at 21.20
The intermediate-term trend has been UP since Sep 16th, 2021 at 21.04
The short-term trend has been UP since Sep 16th, 2021 at 20.33
Smart Scan Analysis for QQ5.K23
Based on our trend formula, QQ5.K23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).