Future Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
NY HARBOR ULSD HEATING OIL Oct 2018 (E) (NYMEX:HO.V18.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for HO.V18.E
The long term trend has been UP since Sep 1st, 2017 at 1.6523
The intermediate term trend has been UP since Jul 3rd, 2017 at 1.5405
The short term trend has been UP since Oct 12th, 2017 at 1.7135
Smart Scan Analysis for HO.V18.E
Based on a pre-defined weighted trend formula for chart analysis, HO.V18.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.83||Contract High Date||2015-09-22|
|Contract Low||1.35||Contract Low Date||2016-01-19|
|Estimated Volume||75||First Delivery||2018-10-30|