Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Feb 2022 (NYMEX:QYWE.G22)
Bull Market Weakness (+75) - QYWE.G22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QYWE.G22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QYWE.G22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QYWE.G22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QYWE.G22
The long-term trend has been UP since May 28th, 2021 at 45.45
The intermediate-term trend has been UP since Sep 8th, 2021 at 65.74
The short-term trend has been UP since Sep 1st, 2021 at 63.20
Smart Scan Analysis for QYWE.G22
Based on our trend formula, QYWE.G22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).