Future Trend Analysis Report
Prepared for you on Monday, December 11, 2023.
ERCOT SOUTH 345 KV HUB 5 MW OFF-PEAK Dec 2023 (NYMEX:QAJ1.Z23)
Long-Term Downtrend (-90) - QAJ1.Z23 is in a strong downtrend that is likely to continue. While QAJ1.Z23 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QAJ1.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAJ1.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAJ1.Z23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QAJ1.Z23
Based on our trend formula, QAJ1.Z23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).