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Future Trend Analysis Report

Prepared for you on Friday, July 1, 2022.

NYISO ZN G 5 MW DAY AHEAD (OFF PEAK) Nov 2024 (NYMEX:QD2.X24)

Countertrend Down (-85) - QD2.X24 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QD2.X24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QD2.X24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QD2.X24
Open High Low QD2.X24 Price Change
34.98 34.98 34.98 34.98 0.00
Entry Signal

MarketClub’s Trade Triangles for QD2.X24

long term down The long-term trend has been DOWN since Aug 20th, 2021 at 29.90

intermediate term down The intermediate-term trend has been DOWN since Aug 18th, 2021 at 31.21

short term up The short-term trend has been UP since Sep 8th, 2021 at 28.47

Smart Scan Analysis for QD2.X24

Based on our trend formula, QD2.X24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QD2.X24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.98 34.98 34.98 34.98 0.00
Prev. Close Volume Bid Ask Time
34.98 0 2022-06-30 00:00:00
Volatility61.83Expiration2024-10-30
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