Future Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK Jun 2027 (NYMEX:QO1.M27)
Strong Downtrend (-100) - QO1.M27 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, QO1.M27 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QO1.M27?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.M27.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.M27
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.M27
Based on our trend formula, QO1.M27 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).