Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
NY HARBOR ULSD HEATING OIL Mar 2022 (NYMEX:HO.H22)
Weak Downtrend (-65) - HO.H22 is showing signs of a strengthening downtrend. Monitor HO.H22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HO.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.H22
The long-term trend has been DOWN since Dec 1st, 2021 at 2.0507
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.3855
The short-term trend has been UP since Dec 3rd, 2021 at 2.0869
Smart Scan Analysis for HO.H22
Based on our trend formula, HO.H22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).