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Future Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

NY HARBOR ULSD HEATING OIL Dec 2019 (NYMEX:HO.Z19)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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.Z19
Open High Low HO.Z19 Price Change
1.9058 1.9101 1.8803 1.8868 +0.0042
Entry Signal

MarketClub’s Trade Triangles for HO.Z19

long term down The long term trend has been DOWN since Nov 13th, 2018 at 2.1078

intermediate term down The intermediate term trend has been DOWN since Oct 23rd, 2018 at 2.3024

short term up The short term trend has been UP since Dec 7th, 2018 at 1.9640

Smart Scan Analysis for HO.Z19

Based on a pre-defined weighted trend formula for chart analysis, HO.Z19 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for HO.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9058 1.9101 1.8803 1.8868 +0.0042
Prev. Close Volume Bid Ask Time
1.8913 2870 2018-12-12 16:58:53
Contract High2.4311Contract High Date2018-10-03
Contract Low1.8805Contract Low Date2018-11-28
First Delivery2019-12-30Expiration2019-11-29
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Dec 2019 HO.Z19 or another symbol? Try our Free Future Trend Analysis Report.