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Most Markets Move to “Uptrend” while New York City Lacks Direction

October 09, 2018

Analysis of electricity spot prices across served markets shows New York City as the lone holdout in a picture that is otherwise bullish. New York City is “neutral” while Mid Atlantic, Midwest, New England and Houston are all “uptrend” according to the three averages model which looks at 10, 20 50-day exponential moving averages.