Future Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
ERCOT WEST ZONE MCPE 5 MW PEAK JUNE 2023 (NYMEX:QN1.M23)
Bear Market Rally (-75) - QN1.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on QN1.M23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid QN1.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for QN1.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QN1.M23
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.M23
Based on our trend formula, QN1.M23 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).