Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK DECEMBER 2021 (NYMEX:QAJ1.Z21)
Bull Market Weakness (+75) - QAJ1.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QAJ1.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QAJ1.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.Z21
The long-term trend has been UP since Apr 12th, 2021 at 22.93
The intermediate-term trend has been UP since Aug 27th, 2021 at 33.33
The short-term trend has been UP since Sep 8th, 2021 at 36.22
Smart Scan Analysis for QAJ1.Z21
Based on our trend formula, QAJ1.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).