Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK NOVEMBER 2021 (NYMEX:QAJ1.X21)
Strong Uptrend (+100) - QAJ1.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QAJ1.X21 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.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.X21
The long-term trend has been UP since Apr 16th, 2021 at 22.53
The intermediate-term trend has been UP since Mar 29th, 2021 at 21.84
The short-term trend has been UP since Sep 28th, 2021 at 39.84
Smart Scan Analysis for QAJ1.X21
Based on our trend formula, QAJ1.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).