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Future Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

NY HARBOR ULSD HEATING OIL Mar 2020 (NYMEX:HO.H20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.H20
Open High Low HO.H20 Price Change
1.8669 1.8750 1.8472 1.8709 +0.0023
Entry Signal

MarketClub’s Trade Triangles for HO.H20

long term up The long term trend has been UP since Sep 15th, 2019 at 2.0035

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 1.9733

short term down The short term trend has been DOWN since Jan 8th, 2020 at 2.0091

Smart Scan Analysis for HO.H20

Based on a pre-defined weighted trend formula for chart analysis, HO.H20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.H20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8669 1.8750 1.8472 1.8709 +0.0023
Prev. Close Volume Bid Ask Time
1.9039 79734 2020-01-17 16:58:53
Contract High2.4114Contract High Date2018-10-03
Contract Low1.8855Contract Low Date2018-11-28
First Delivery2020-03-30Expiration2020-02-28
Open Time18:00Close Time17:00
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