Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK Mar 2021 (NYMEX:QO1.H21)
Long-Term Downtrend (-90) - QO1.H21 is in a strong downtrend that is likely to continue. While QO1.H21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QO1.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.H21
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 QO1.H21
Based on our trend formula, QO1.H21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).