Future Trend Analysis Report
Prepared for you on Tuesday, November 30, 2021.
NYISO ZN G 5 MW DAY AHEAD (PEAK) DECEMBER 2021 (NYMEX:QT3.Z21)
Countertrend Up (+85) - QT3.Z21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QT3.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QT3.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QT3.Z21
The long-term trend has been UP since Jan 15th, 2021 at 42.75
The intermediate-term trend has been UP since Mar 24th, 2021 at 44.00
The short-term trend has been UP since Aug 24th, 2021 at 63.70
Smart Scan Analysis for QT3.Z21
Based on our trend formula, QT3.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).