Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK JUNE 2022 (NYMEX:QAJ1.M22)
Strong Uptrend (+100) - QAJ1.M22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QAJ1.M22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QAJ1.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.M22
The long-term trend has been UP since Jun 4th, 2021 at 19.87
The intermediate-term trend has been UP since Jun 1st, 2021 at 19.39
The short-term trend has been UP since Sep 30th, 2021 at 29.78
Smart Scan Analysis for QAJ1.M22
Based on our trend formula, QAJ1.M22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).