Future Trend Analysis Report
Prepared for you on Sunday, May 27, 2018.
NY HARBOR ULSD HEATING OIL Jul 2018 (E) (NYMEX:HO.N18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for HO.N18.E
The long term trend has been UP since Sep 4th, 2017 at 1.6440
The intermediate term trend has been UP since Mar 21st, 2018 at 1.9819
The short term trend has been DOWN since May 25th, 2018 at 2.2502
Smart Scan Analysis for HO.N18.E
Based on a pre-defined weighted trend formula for chart analysis, HO.N18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.2987||Contract High Date||2018-05-17|
|Contract Low||1.25||Contract Low Date||2016-01-20|
|Estimated Volume||19206||First Delivery||2018-07-30|