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Future Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

NY HARBOR ULSD HEATING OIL Mar 2021 (NYMEX:HO.H21)

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.H21
Open High Low HO.H21 Price Change
1.8250 1.8350 1.8250 1.8350 -0.0002
Entry Signal

MarketClub’s Trade Triangles for HO.H21

long term up The long term trend has been UP since Dec 18th, 2019 at 1.8927

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2020 at 1.9241

short term down The short term trend has been DOWN since Jan 13th, 2020 at 1.8850

Smart Scan Analysis for HO.H21

Based on a pre-defined weighted trend formula for chart analysis, HO.H21 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.H21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8250 1.8350 1.8250 1.8350 -0.0002
Prev. Close Volume Bid Ask Time
1.8550 43 2020-01-17 13:24:00
Contract High2.3342Contract High Date2018-10-03
Contract Low1.8936Contract Low Date2018-11-28
First Delivery2021-03-30Expiration2021-02-26
Open Time18:00Close Time17:00
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