Future Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
NY HARBOR ULSD HEATING OIL Feb 2023 (NYMEX:HO.G23)
Crossroads (-60) - HO.G23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HO.G23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.G23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.G23
The long-term trend has been UP since Sep 15th, 2021 at 2.0900
The intermediate-term trend has been DOWN since Nov 4th, 2021 at 2.2875
The short-term trend has been DOWN since Oct 27th, 2021 at 2.2950
Smart Scan Analysis for HO.G23
Based on our trend formula, HO.G23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).