Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
NYISO ZN C 5 MW DAY AHEAD (PEAK) Nov 2021 (NYMEX:QQ5.X21)
Long-Term Uptrend (+90) - QQ5.X21 is in a strong uptrend that is likely to continue. While QQ5.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QQ5.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQ5.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QQ5.X21
The long-term trend has been UP since Jul 28th, 2021 at 21.85
The intermediate-term trend has been UP since May 17th, 2021 at 19.10
The short-term trend has been UP since Aug 23rd, 2021 at 22.35
Smart Scan Analysis for QQ5.X21
Based on our trend formula, QQ5.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).