Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
NYISO ZN G 5 MW DAY AHEAD (PEAK) NOVEMBER 2021 (NYMEX:QT3.X21)
Bull Market Weakness (+75) - QT3.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QT3.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QT3.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT3.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT3.X21
The long-term trend has been UP since Jan 27th, 2021 at 32.40
The intermediate-term trend has been UP since Jun 11th, 2021 at 37.25
The short-term trend has been UP since Aug 24th, 2021 at 48.10
Smart Scan Analysis for QT3.X21
Based on our trend formula, QT3.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).