Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK JANUARY 2025 (NYMEX:QAJ1.F25)
Countertrend Down (-85) - QAJ1.F25 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 QAJ1.F25?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.F25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.F25
The long-term trend has been DOWN since May 12th, 2021 at 25.68
The intermediate-term trend has been DOWN since Aug 30th, 2021 at 27.19
The short-term trend has been UP since Sep 2nd, 2021 at 27.11
Smart Scan Analysis for QAJ1.F25
Based on our trend formula, QAJ1.F25 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).