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Future Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

NY HARBOR ULSD HEATING OIL Nov 2017 (E) (NYMEX:HO.X17.E)

Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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.

NYMEX_HO.X17.E
Open High Low HO.X17.E Price Change
1.8117 1.8189 1.7896 1.7928 -0.0170
Entry Signal

MarketClub’s Trade Triangles for HO.X17.E

long term up The long term trend has been UP since Aug 1st, 2017 at 1.6739

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2017 at 1.7323

short term down The short term trend has been DOWN since Oct 18th, 2017 at 1.7909

Smart Scan Analysis for HO.X17.E

Based on a pre-defined weighted trend formula for chart analysis, HO.X17.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-50
Smart Scan Analysis for HO.X17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8117 1.8189 1.7896 1.7928 -0.0170
Prev. Close Volume Bid Ask Time
1.8108 20234 2017-10-18 12:10:07
Contract High2.521Contract High Date2014-11-10
Contract Low1.2288Contract Low Date2016-01-19
Estimated Volume5022First Delivery2017-11-29
Expiration2017-10-31Open Time18:00
Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL Nov 2017 (E) HO.X17.E or another symbol? Try our Free Future Trend Analysis Report.