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.
MarketClub’s Trade Triangles for HO.J20
The long-term trend has been DOWN since Jan 24th, 2020 at 1.7559
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9752
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).
|Contract High||2.3984||Contract High Date||2018-10-03|
|Contract Low||1.8768||Contract Low Date||2018-11-28|
|Open Time||09:00||Close Time||14:30|