Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
MICHIGAN HUB OFF-PEAK MAY 2022 (NYMEX:QHJ.K22)
Countertrend Up (+85) - QHJ.K22 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 QHJ.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHJ.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHJ.K22
The long-term trend has been UP since Aug 14th, 2020 at 23.68
The intermediate-term trend has been UP since Apr 12th, 2021 at 25.25
The short-term trend has been UP since Aug 26th, 2021 at 28.75
Smart Scan Analysis for QHJ.K22
Based on our trend formula, QHJ.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).