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Future Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

NY HARBOR ULSD HEATING OIL Aug 2019 (E) (NYMEX:HO.Q19.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

NYMEX_HO.Q19.E
Open High Low HO.Q19.E Price Change
2.3016 2.3210 2.3016 2.3210 +0.0093
Entry Signal

MarketClub’s Trade Triangles for HO.Q19.E

long term up The long term trend has been UP since Sep 1st, 2017 at 1.6641

intermediate term up The intermediate term trend has been UP since Aug 24th, 2018 at 2.1705

short term down The short term trend has been DOWN since Oct 8th, 2018 at 2.3816

Smart Scan Analysis for HO.Q19.E

Based on a pre-defined weighted trend formula for chart analysis, HO.Q19.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for HO.Q19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3016 2.3210 2.3016 2.3210 +0.0093
Prev. Close Volume Bid Ask Time
2.3131 184 2018-10-16 12:39:17
Contract High2.418Contract High Date2018-10-03
Contract Low1.5135Contract Low Date2017-06-26
Estimated Volume136First Delivery2019-08-29
Expiration2019-07-31Open Time18:00
Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL Aug 2019 (E) HO.Q19.E or another symbol? Try our Free Future Trend Analysis Report.