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Future Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF Aug 2023 (NYMEX:QERL.Q23)

Countertrend Down (-85) - QERL.Q23 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid QERL.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.Q23.

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

NYMEX_QERL.Q23
Open High Low QERL.Q23 Price Change
61.65 61.65 61.65 61.65 0.00
Entry Signal

MarketClub’s Trade Triangles for QERL.Q23

long term down The long-term trend has been DOWN since Aug 30th, 2021 at 25.28

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2021 at 26.23

short term up The short-term trend has been UP since Sep 2nd, 2021 at 24.64

Smart Scan Analysis for QERL.Q23

Based on our trend formula, QERL.Q23 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QERL.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.65 61.65 61.65 61.65 0.00
Prev. Close Volume Bid Ask Time
58.19 0 2022-09-28 00:00:00
Volatility64.2Expiration2023-07-28
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