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Future Trend Analysis Report

Prepared for you on Sunday, June 26, 2022.

ERCOT WEST ZONE MCPE 5 MW OFF PEAK JULY 2022 (NYMEX:QO1.N22)

Countertrend Up (+85) - QO1.N22 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 QO1.N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.N22.

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

NYMEX_QO1.N22
Open High Low QO1.N22 Price Change
93.75 93.75 93.75 93.75 0.00
Entry Signal

MarketClub’s Trade Triangles for QO1.N22

long term up The long-term trend has been UP since Apr 20th, 2021 at 21.23

intermediate term up The intermediate-term trend has been UP since Sep 22nd, 2021 at 26.70

short term up The short-term trend has been UP since Sep 9th, 2021 at 25.97

Smart Scan Analysis for QO1.N22

Based on our trend formula, QO1.N22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for QO1.N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.75 93.75 93.75 93.75 0.00
Prev. Close Volume Bid Ask Time
82.09 0 2022-06-23 00:00:00
Volatility104.45Expiration2022-06-30
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