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Future Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

NY HARBOR ULSD HEATING OIL Sep 2020 (NYMEX:HO.U20)

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.

NYMEX_HO.U20
Open High Low HO.U20 Price Change
1.9400 1.9400 1.9400 1.9400 +0.0198
Entry Signal

MarketClub’s Trade Triangles for HO.U20

long term down The long term trend has been DOWN since Nov 13th, 2018 at 2.0807

intermediate term up The intermediate term trend has been UP since Jan 11th, 2019 at 1.8850

short term up The short term trend has been UP since Jan 3rd, 2019 at 1.8215

Smart Scan Analysis for HO.U20

Based on a pre-defined weighted trend formula for chart analysis, HO.U20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HO.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9400 1.9400 1.9400 1.9400 +0.0198
Prev. Close Volume Bid Ask Time
1.8475 10 2019-01-18 14:32:15
Contract High2.3652Contract High Date2018-10-03
Contract Low1.8905Contract Low Date2018-11-28
First Delivery2020-09-29Expiration2020-08-31
Open Time09:00Close Time14:30
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