Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

NY HARBOR ULSD HEATING OIL Jan 2022 (NYMEX:HO.F22)

Long-Term Downtrend (-90) - HO.F22 is in a strong downtrend that is likely to continue. While HO.F22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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.

NYMEX_HO.F22
Open High Low HO.F22 Price Change
1.6375 1.6375 1.6174 1.6361 -0.0119
Entry Signal

MarketClub’s Trade Triangles for HO.F22

long term down The long-term trend has been DOWN since Aug 7th, 2019 at 1.830

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1.705

short term down The short-term trend has been DOWN since Feb 25th, 2020 at 1.735

Smart Scan Analysis for HO.F22

Based on our trend formula, HO.F22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.F22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6375 1.6375 1.6174 1.6361 -0.0119
Prev. Close Volume Bid Ask Time
1.8391 22 2020-02-28 14:01:20
Contract High2.2578Contract High Date2018-10-03
Contract Low1.8915Contract Low Date2018-11-28
First Delivery2022-01-28Expiration2021-12-31
Open Time09:00Close Time14:30
Get a free daily analysis and signals for NY HARBOR ULSD HEATING OIL Jan 2022 (HO.F22) - Request Your Free Report.