Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK OCTOBER 2023 (NYMEX:QAJ1.V23)
Bull Market Weakness (+75) - QAJ1.V23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAJ1.V23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAJ1.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.V23
The long-term trend has been UP since Feb 22nd, 2021 at 17.58
The intermediate-term trend has been UP since Sep 8th, 2021 at 23.56
The short-term trend has been UP since Sep 2nd, 2021 at 22.87
Smart Scan Analysis for QAJ1.V23
Based on our trend formula, QAJ1.V23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).