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Future Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF NOVEMBER 2021 (NYMEX:QERL.X21)

Countertrend Up (+85) - QERL.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid QERL.X21?

MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.X21.

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

NYMEX_QERL.X21
Open High Low QERL.X21 Price Change
41.5 41.5 41.5 41.5 0.0
Entry Signal

MarketClub’s Trade Triangles for QERL.X21

long term up The long-term trend has been UP since Apr 16th, 2021 at 22.29

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2021 at 23.93

short term up The short-term trend has been UP since Sep 28th, 2021 at 39.42

Smart Scan Analysis for QERL.X21

Based on our trend formula, QERL.X21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QERL.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
41.5 41.5 41.5 41.5 0.0
Prev. Close Volume Bid Ask Time
40.6 0 2021-10-21 00:00:00
Volatility57.15Expiration2021-10-28
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