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Future Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

ERCOT WEST ZONE MCPE 5 MW OFF PEAK Feb 2024 (NYMEX:QO1.G24)

Strong Downtrend (-100) - QO1.G24 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QO1.G24 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QO1.G24?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.G24.

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

NYMEX_QO1.G24
Open High Low QO1.G24 Price Change
43.9 43.9 43.9 43.9 0.0
Entry Signal

MarketClub’s Trade Triangles for QO1.G24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for QO1.G24

Based on our trend formula, QO1.G24 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QO1.G24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
43.9 43.9 43.9 43.9 0.0
Prev. Close Volume Bid Ask Time
43.9 0 2022-07-01 00:00:00
Volatility61.67Expiration2024-01-31
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