Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
NY HARBOR ULSD HEATING OIL May 2020 (NYMEX:HO.K20)
Weak Downtrend (-65) - HO.K20 is showing signs of a strengthening downtrend. Monitor HO.K20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.K20
The long-term trend has been DOWN since Jan 24th, 2020 at 1.7446
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9607
The short-term trend has been UP since Feb 12th, 2020 at 1.6488
Smart Scan Analysis for HO.K20
Based on our trend formula, HO.K20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.3894||Contract High Date||2018-10-03|
|Contract Low||1.8752||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|