Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
MIDWEST ISO IND 5 MW DAY AHEAD (PEAK) Nov 2024 (NYMEX:QH5.X24)
Bull Market Weakness (+75) - QH5.X24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QH5.X24 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QH5.X24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QH5.X24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QH5.X24
The long-term trend has been UP since May 6th, 2021 at 33.73
The intermediate-term trend has been UP since Mar 29th, 2021 at 32.88
The short-term trend has been DOWN since Sep 21st, 2021 at 36.91
Smart Scan Analysis for QH5.X24
Based on our trend formula, QH5.X24 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).