Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, June 8, 2023.

ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Jun 2023 (NYMEX:QYWE.M23)

Strong Downtrend (-100) - QYWE.M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QYWE.M23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid QYWE.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for QYWE.M23.

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

NYMEX_QYWE.M23
Open High Low QYWE.M23 Price Change
44.53 44.53 44.53 44.53 0.00
Entry Signal

MarketClub’s Trade Triangles for QYWE.M23

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 QYWE.M23

Based on our trend formula, QYWE.M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for QYWE.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.53 44.53 44.53 44.53 0.00
Prev. Close Volume Bid Ask Time
47.10 0 2023-05-30 00:00:00
Volatility82.23Expiration2023-05-30
Get a free daily analysis and signals for ERCOT WEST 345 KV HUB DAY-AHEAD 5 MW PK Jun 2023 (QYWE.M23) - Request Your Free Report.