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Future Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

ERCOT WEST 345 KV HUB D-A OFF PEAK Sep 2022 (NYMEX:QEWK.U22)

Countertrend Up (+85) - QEWK.U22 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 QEWK.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QEWK.U22.

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

NYMEX_QEWK.U22
Open High Low QEWK.U22 Price Change
84.42 84.42 84.42 84.42 0.00
Entry Signal

MarketClub’s Trade Triangles for QEWK.U22

long term up The long-term trend has been UP since Apr 19th, 2021 at 16.80

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2021 at 16.23

short term up The short-term trend has been UP since Aug 24th, 2021 at 25.80

Smart Scan Analysis for QEWK.U22

Based on our trend formula, QEWK.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QEWK.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.42 84.42 84.42 84.42 0.00
Prev. Close Volume Bid Ask Time
84.42 0 2022-08-05 00:00:00
Volatility111.51Expiration2022-08-30
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