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Future Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

NY HARBOR ULSD HEATING OIL Feb 2020 (E) (NYMEX:HO.G20.E)

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.G20.E
Open High Low HO.G20.E Price Change
1.8850 1.8951 1.8533 1.8725 -0.0276
Entry Signal

MarketClub’s Trade Triangles for HO.G20.E

long term down The long term trend has been DOWN since Nov 13th, 2018 at 2.1240

intermediate term down The intermediate term trend has been DOWN since Oct 18th, 2018 at 2.3011

short term down The short term trend has been DOWN since Nov 8th, 2018 at 2.1863

Smart Scan Analysis for HO.G20.E

Based on a pre-defined weighted trend formula for chart analysis, HO.G20.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HO.G20.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8850 1.8951 1.8533 1.8725 -0.0276
Prev. Close Volume Bid Ask Time
1.9010 227 2018-11-30 15:46:45
Contract High2.3875Contract High Date2018-10-02
Contract Low1.6475Contract Low Date2017-04-27
Estimated Volume25First Delivery2020-02-27
Expiration2020-01-31Open Time18:00
Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL Feb 2020 (E) HO.G20.E or another symbol? Try our Free Future Trend Analysis Report.