Future Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
ERCOT WEST ZONE MCPE 5 MW OFF PEAK DECEMBER 2024 (NYMEX:QO1.Z24)
Weak Downtrend (-65) - QO1.Z24 is showing signs of a strengthening downtrend. Monitor QO1.Z24 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid QO1.Z24?
MarketClub looks at technical strength and momentum to determine if the timing is right for QO1.Z24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QO1.Z24
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.Z24
Based on our trend formula, QO1.Z24 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).