Future Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NY HARBOR ULSD HEATING OIL Jan 2021 (E) (NYMEX:HO.F21.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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.
MarketClub’s Trade Triangles for HO.F21.E
The long term trend has been UP since Sep 1st, 2017 at 1.7411
The intermediate term trend has been UP since Jun 27th, 2018 at 2.1259
The short term trend has been UP since Jul 6th, 2018 at 2.1307
Smart Scan Analysis for HO.F21.E
Based on a pre-defined weighted trend formula for chart analysis, HO.F21.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||2.152||Contract High Date||2018-07-11|
|Contract Low||1.8875||Contract Low Date||2018-03-02|
|Estimated Volume||2||First Delivery||2021-01-28|