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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

ERCOT HOUSTON 345 KV HUB 5 MW PEAK JULY 2024 (NYMEX:QAI1.N24)

Long-Term Downtrend (-90) - QAI1.N24 is in a strong downtrend that is likely to continue. While QAI1.N24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QAI1.N24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QAI1.N24.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_QAI1.N24
Open High Low QAI1.N24 Price Change
78.67 78.67 78.67 78.67 0.00
Entry Signal

MarketClub’s Trade Triangles for QAI1.N24

long term down The long-term trend has been DOWN since Sep 21st, 2021 at 54.36

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2021 at 55.86

short term down The short-term trend has been DOWN since Sep 21st, 2021 at 56.71

Smart Scan Analysis for QAI1.N24

Based on our trend formula, QAI1.N24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for QAI1.N24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.67 78.67 78.67 78.67 0.00
Prev. Close Volume Bid Ask Time
78.67 0 2022-06-29 00:00:00
Volatility42.31Expiration2024-06-28
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