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Future Trend Analysis Report

Prepared for you on Saturday, March 25, 2017.

NY HARBOR ULSD HEATING OIL May 2017 (E) (NYMEX:HO.K17.E)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HO.K17.E
Open High Low HO.K17.E Price Change
1.4969 1.5100 1.4926 1.5039 +0.0126
Entry Signal

MarketClub’s Trade Triangles for HO.K17.E

long term down The long term trend has been DOWN since Mar 2nd, 2017 at 1.6081

intermediate term down The intermediate term trend has been DOWN since Jan 9th, 2017 at 1.6728

short term down The short term trend has been DOWN since Mar 22nd, 2017 at 1.4996

Smart Scan Analysis for HO.K17.E

Based on a pre-defined weighted trend formula for chart analysis, HO.K17.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HO.K17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4969 1.5100 1.4926 1.5039 +0.0126
Prev. Close Volume Bid Ask Time
1.5131 40038 2017-03-24 14:31:47
Contract High2.6775Contract High Date2014-09-29
Contract Low1.1285Contract Low Date2016-01-21
Estimated Volume7559First Delivery2017-05-30
Expiration2017-04-28Open Time18:00
Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL May 2017 (E) HO.K17.E or another symbol? Try our Free Future Trend Analysis Report.