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Future Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

NY HARBOR ULSD HEATING OIL May 2019 (E) (NYMEX:HO.K19.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.K19.E
Open High Low HO.K19.E Price Change
2.1388 2.1458 2.1260 2.1392 +0.0138
Entry Signal

MarketClub’s Trade Triangles for HO.K19.E

long term up The long term trend has been UP since Sep 5th, 2017 at 1.6524

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 2.2656

short term down The short term trend has been DOWN since Nov 8th, 2018 at 2.1274

Smart Scan Analysis for HO.K19.E

Based on a pre-defined weighted trend formula for chart analysis, HO.K19.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.K19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1388 2.1458 2.1260 2.1392 +0.0138
Prev. Close Volume Bid Ask Time
2.1155 2921 2018-11-12 12:56:32
Contract High2.42Contract High Date2018-10-03
Contract Low1.5Contract Low Date2017-06-21
Estimated Volume1280First Delivery2019-05-30
Expiration2019-04-30Open Time18:00
Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL May 2019 (E) HO.K19.E or another symbol? Try our Free Future Trend Analysis Report.