Future Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
NY HARBOR ULSD HEATING OIL Mar 2021 (NYMEX:HO.H21)
Strong Downtrend (-100) - HO.H21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HO.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.H21
The long-term trend has been DOWN since Jan 26th, 2020 at 1.7500
The intermediate-term trend has been DOWN since Jan 10th, 2020 at 1.9241
The short-term trend has been DOWN since Mar 30th, 2020 at 1.2221
Smart Scan Analysis for HO.H21
Based on our trend formula, HO.H21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.3342||Contract High Date||2018-10-03|
|Contract Low||1.8936||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|