Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.

NYMEX_HO.Z19.E
Open High Low HO.Z19.E Price Change
2.0926 2.1079 2.0652 2.0782 -0.0008
Entry Signal

MarketClub’s Trade Triangles for HO.Z19.E

long term down The long term trend has been DOWN since Nov 13th, 2018 at 2.100

intermediate term down The intermediate term trend has been DOWN since Oct 22nd, 2018 at 2.296

short term down The short term trend has been DOWN since Nov 9th, 2018 at 2.165

Smart Scan Analysis for HO.Z19.E

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

-100
Smart Scan Analysis for HO.Z19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0926 2.1079 2.0652 2.0782 -0.0008
Prev. Close Volume Bid Ask Time
2.0785 1239 2018-11-16 15:10:46
Contract High2.4357Contract High Date2018-10-03
Contract Low1.55Contract Low Date2016-04-04
Estimated Volume219First Delivery2019-12-30
Expiration2019-11-29Open Time18:00
Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL Dec 2019 (E) HO.Z19.E or another symbol? Try our Free Future Trend Analysis Report.