Future Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK JUNE 2022 (NYMEX:QO1.M22)
Weak Downtrend (-65) - QO1.M22 is showing signs of a strengthening downtrend. Monitor QO1.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QO1.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.M22
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.M22
Based on our trend formula, QO1.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).