Future Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
NYISO ZN G 5 MW DAY AHEAD (OFF PEAK) DECEMBER 2024 (NYMEX:QD2.Z24)
Countertrend Down (-85) - QD2.Z24 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.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QD2.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QD2.Z24
The long-term trend has been DOWN since Sep 7th, 2021 at 43.09
The intermediate-term trend has been DOWN since Aug 17th, 2021 at 46.82
The short-term trend has been UP since Sep 8th, 2021 at 43.46
Smart Scan Analysis for QD2.Z24
Based on our trend formula, QD2.Z24 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).