Future Trend Analysis Report
Prepared for you on Wednesday, April 14, 2021.
ERCOT WEST ZONE MCPE 5 MW PEAK JANUARY 2024 (NYMEX:QN1.F24)
Weak Downtrend (-65) - QN1.F24 is showing signs of a strengthening downtrend. Monitor QN1.F24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QN1.F24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN1.F24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN1.F24
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 QN1.F24
Based on our trend formula, QN1.F24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).