Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
ERCOT WEST 345 KV HUB D-A OFF PEAK Nov 2021 (NYMEX:QEWK.X21)
Countertrend Up (+85) - QEWK.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QEWK.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEWK.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEWK.X21
The long-term trend has been UP since Feb 10th, 2021 at 16.17
The intermediate-term trend has been UP since Mar 29th, 2021 at 15.99
The short-term trend has been UP since Sep 28th, 2021 at 32.52
Smart Scan Analysis for QEWK.X21
Based on our trend formula, QEWK.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).