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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.

NYMEX_QO1.Z24
Open High Low QO1.Z24 Price Change
21.35 21.35 21.35 21.35 0.00
Entry Signal

MarketClub’s Trade Triangles for QO1.Z24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down 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).

-70
Smart Scan Analysis for QO1.Z24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
21.35 21.35 21.35 21.35 0.00
Prev. Close Volume Bid Ask Time
21.35 0 2022-01-24 00:00:00
Volatility38.99Expiration2024-11-29
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