Future Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
NYISO ZN G 5 MW DAY AHEAD (PEAK) JUNE 2020 (NYMEX:QT3.M20)
Long-Term Downtrend (-90) - QT3.M20 is in a strong downtrend that is likely to continue. While QT3.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QT3.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT3.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT3.M20
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QT3.M20
Based on our trend formula, QT3.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).