Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NYISO ZN C 5 MW DAY AHEAD (PEAK) Jun 2022 (NYMEX:QQ5.M22)
Strong Uptrend (+100) - QQ5.M22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QQ5.M22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QQ5.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQ5.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QQ5.M22
The long-term trend has been UP since Sep 9th, 2021 at 26.85
The intermediate-term trend has been UP since Sep 7th, 2021 at 26.27
The short-term trend has been UP since Aug 25th, 2021 at 22.56
Smart Scan Analysis for QQ5.M22
Based on our trend formula, QQ5.M22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).