Spread Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
ISO NEW ENGLAND INTERNAL HUB 5 MW PEAK APR 21/JUN 21 (NYMEX:QAU6.J21-QAU6.M21)
Strong Downtrend (-100) - QAU6.J21-QAU6.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QAU6.J21-QAU6.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAU6.J21-QAU6.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAU6.J21-QAU6.M21
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 QAU6.J21-QAU6.M21
Based on our trend formula, QAU6.J21-QAU6.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).