Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
NYISO ZN G 5 MW DAY AHEAD (PEAK) OCTOBER 2022 (NYMEX:QT3.V22)
Bull Market Weakness (+75) - QT3.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QT3.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QT3.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT3.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT3.V22
The long-term trend has been UP since May 5th, 2020 at 25.6
The intermediate-term trend has been UP since Jun 8th, 2021 at 30.0
The short-term trend has been UP since Sep 8th, 2021 at 35.0
Smart Scan Analysis for QT3.V22
Based on our trend formula, QT3.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).