Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
ERCOT HOUSTON 345 KV HUB 5 MW PEAK OCTOBER 2023 (NYMEX:QAI1.V23)
Sidelines Mode (+55) - QAI1.V23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QAI1.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAI1.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAI1.V23
The long-term trend has been UP since Feb 24th, 2021 at 27.35
The intermediate-term trend has been DOWN since Sep 21st, 2021 at 37.31
The short-term trend has been UP since Sep 28th, 2021 at 38.58
Smart Scan Analysis for QAI1.V23
Based on our trend formula, QAI1.V23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).