Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK OCTOBER 2022 (NYMEX:QAJ1.V22)
Bull Market Weakness (+75) - QAJ1.V22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAJ1.V22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAJ1.V22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.V22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.V22
The long-term trend has been UP since May 13th, 2021 at 20.44
The intermediate-term trend has been UP since Apr 12th, 2021 at 19.92
The short-term trend has been UP since Sep 29th, 2021 at 29.57
Smart Scan Analysis for QAJ1.V22
Based on our trend formula, QAJ1.V22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).