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Future Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

NY HARBOR ULSD HEATING OIL Nov 2020 (NYMEX:HO.X20)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.X20
Open High Low HO.X20 Price Change
1.8945 1.8945 1.8945 1.8945 +0.0015
Entry Signal

MarketClub’s Trade Triangles for HO.X20

long term down The long term trend has been DOWN since Nov 13th, 2018 at 2.0705

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 2.2302

short term down The short term trend has been DOWN since Dec 10th, 2018 at 1.9250

Smart Scan Analysis for HO.X20

Based on a pre-defined weighted trend formula for chart analysis, HO.X20 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HO.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8945 1.8945 1.8945 1.8945 +0.0015
Prev. Close Volume Bid Ask Time
1.9073 3 2018-12-13 06:46:00
Contract High2.3497Contract High Date2018-10-03
Contract Low1.8931Contract Low Date2018-11-28
First Delivery2020-11-27Expiration2020-10-30
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Nov 2020 HO.X20 or another symbol? Try our Free Future Trend Analysis Report.