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Future Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

NY HARBOR ULSD HEATING OIL Aug 2018 (E) (NYMEX:HO.Q18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

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.Q18.E
Open High Low HO.Q18.E Price Change
2.0920 2.0944 2.0665 2.0764 -0.0139
Entry Signal

MarketClub’s Trade Triangles for HO.Q18.E

long term up The long term trend has been UP since Sep 1st, 2017 at 1.6465

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2018 at 2.0810

short term down The short term trend has been DOWN since Jul 11th, 2018 at 2.1704

Smart Scan Analysis for HO.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, HO.Q18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0920 2.0944 2.0665 2.0764 -0.0139
Prev. Close Volume Bid Ask Time
2.0950 3599 2018-07-19 09:11:26
Contract High2.296Contract High Date2018-05-17
Contract Low1.35Contract Low Date2016-01-15
Estimated Volume1682First Delivery2018-08-30
Expiration2018-07-31Open Time09:00
Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Aug 2018 (E) HO.Q18.E or another symbol? Try our Free Future Trend Analysis Report.