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Future Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

NY HARBOR ULSD HEATING OIL May 2020 (NYMEX:HO.K20)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.K20
Open High Low HO.K20 Price Change
1.8930 1.8930 1.8730 1.8730 -0.0201
Entry Signal

MarketClub’s Trade Triangles for HO.K20

long term up The long term trend has been UP since Sep 16th, 2019 at 1.9681

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 1.8609

short term up The short term trend has been UP since Nov 15th, 2019 at 1.8743

Smart Scan Analysis for HO.K20

Based on a pre-defined weighted trend formula for chart analysis, HO.K20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for HO.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8930 1.8930 1.8730 1.8730 -0.0201
Prev. Close Volume Bid Ask Time
1.8388 1020 2019-11-18 10:01:25
Contract High2.3894Contract High Date2018-10-03
Contract Low1.8752Contract Low Date2018-11-28
First Delivery2020-05-28Expiration2020-04-30
Open Time18:00Close Time17:00
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