Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
ERCOT NORTH 345 KV HUB DAY-AHEAD 5MW OFF NOVEMBER 2022 (NYMEX:QERL.X22)
Strong Downtrend (-100) - QERL.X22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QERL.X22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QERL.X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QERL.X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QERL.X22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for QERL.X22
Based on our trend formula, QERL.X22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).