Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Nov 2021 (NYMEX:QYWE.X21)
Bull Market Weakness (+75) - QYWE.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QYWE.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid QYWE.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QYWE.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QYWE.X21
The long-term trend has been UP since Apr 19th, 2021 at 24.00
The intermediate-term trend has been UP since Mar 29th, 2021 at 22.72
The short-term trend has been UP since Sep 28th, 2021 at 43.94
Smart Scan Analysis for QYWE.X21
Based on our trend formula, QYWE.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).