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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.

NYMEX_HO.K20
Open High Low HO.K20 Price Change
1.6846 1.6853 1.6846 1.6853 -0.0051
Entry Signal

MarketClub’s Trade Triangles for HO.K20

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7446

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9607

short term up 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).

-65
Smart Scan Analysis for HO.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6846 1.6853 1.6846 1.6853 -0.0051
Prev. Close Volume Bid Ask Time
1.8908 4877 2020-02-17 18:00:36
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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