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Future Trend Analysis Report

Prepared for you on Friday, February 21, 2020.

NY HARBOR ULSD HEATING OIL Apr 2020 (NYMEX:HO.J20)

Weak Downtrend (-65) - HO.J20 is showing signs of a strengthening downtrend. Monitor HO.J20 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HO.J20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.J20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.J20
Open High Low HO.J20 Price Change
1.6850 1.6867 1.6517 1.6693 -0.0140
Entry Signal

MarketClub’s Trade Triangles for HO.J20

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7559

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9752

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 1.6628

Smart Scan Analysis for HO.J20

Based on our trend formula, HO.J20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HO.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6850 1.6867 1.6517 1.6693 -0.0140
Prev. Close Volume Bid Ask Time
1.8979 10569 2020-02-21 08:42:13
Contract High2.3984Contract High Date2018-10-03
Contract Low1.8768Contract Low Date2018-11-28
First Delivery2020-04-29Expiration2020-03-31
Open Time09:00Close Time14:30
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