Future Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
ERCOT WEST 345 KV HUB D-A OFF PEAK JULY 2023 (NYMEX:QEWK.N23)
Sidelines Mode (+55) - QEWK.N23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QEWK.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QEWK.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QEWK.N23
The long-term trend has been UP since Apr 9th, 2021 at 17.96
The intermediate-term trend has been DOWN since Jul 28th, 2021 at 19.34
The short-term trend has been UP since Sep 16th, 2021 at 18.09
Smart Scan Analysis for QEWK.N23
Based on our trend formula, QEWK.N23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).