Future Trend Analysis Report
Prepared for you on Saturday, October 16, 2021.
MICHIGAN HUB OFF-PEAK NOVEMBER 2021 (NYMEX:QHJ.X21)
Long-Term Uptrend (+90) - QHJ.X21 is in a strong uptrend that is likely to continue. While QHJ.X21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid QHJ.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QHJ.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QHJ.X21
The long-term trend has been UP since Mar 2nd, 2021 at 25.99
The intermediate-term trend has been UP since Apr 27th, 2021 at 26.51
The short-term trend has been UP since Aug 20th, 2021 at 33.73
Smart Scan Analysis for QHJ.X21
Based on our trend formula, QHJ.X21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).