Future Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK Dec 2021 (NYMEX:QO1.Z21)
Strong Uptrend (+100) - QO1.Z21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QO1.Z21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid QO1.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.Z21
The long-term trend has been UP since Apr 13th, 2021 at 17.01
The intermediate-term trend has been UP since Aug 31st, 2021 at 27.38
The short-term trend has been UP since Sep 20th, 2021 at 31.02
Smart Scan Analysis for QO1.Z21
Based on our trend formula, QO1.Z21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).