Future Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
NY HARBOR ULSD HEATING OIL Jan 2022 (NYMEX:HO.F22)
Weak Downtrend (-65) - HO.F22 is showing signs of a strengthening downtrend. Monitor HO.F22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HO.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.F22
The long-term trend has been UP since Sep 22nd, 2021 at 2.2020
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.4323
The short-term trend has been DOWN since Nov 10th, 2021 at 2.4352
Smart Scan Analysis for HO.F22
Based on our trend formula, HO.F22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2578||Contract High Date||2018-10-03|
|Contract Low||1.8915||Contract Low Date||2018-11-28|
|Open Time||09:00||Close Time||14:30|