Future Trend Analysis Report
Prepared for you on Monday, December 5, 2022.
MIDWEST ISO IND 5 MW PEAK CAL MONTH JULY 2024 (NYMEX:QQH3.N24)
Long-Term Uptrend (+90) - QQH3.N24 is in a strong uptrend that is likely to continue. While QQH3.N24 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 QQH3.N24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QQH3.N24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QQH3.N24
The long-term trend has been UP since May 28th, 2020 at 33.99
The intermediate-term trend has been UP since Jul 26th, 2021 at 41.49
The short-term trend has been UP since Sep 2nd, 2021 at 44.04
Smart Scan Analysis for QQH3.N24
Based on our trend formula, QQH3.N24 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).