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Future Trend Analysis Report

Prepared for you on Tuesday, April 13, 2021.

NY HARBOR ULSD HEATING OIL May 2021 (NYMEX:HO.K21)

Bull Market Weakness (+75) - HO.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.K21 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HO.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K21.

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

NYMEX_HO.K21
Open High Low HO.K21 Price Change
1.8080 1.8195 1.8011 1.8181 +0.0107
Entry Signal

MarketClub’s Trade Triangles for HO.K21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.3975

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2021 at 1.7811

short term up The short-term trend has been UP since Apr 8th, 2021 at 1.8053

Smart Scan Analysis for HO.K21

Based on our trend formula, HO.K21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HO.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8080 1.8195 1.8011 1.8181 +0.0107
Prev. Close Volume Bid Ask Time
1.8074 7013 2021-04-13 09:11:14
Contract High2.3039Contract High Date2018-10-03
Contract Low1.8816Contract Low Date2018-11-28
First Delivery2021-05-28Expiration2021-04-30
Open Time18:00Close Time17:00
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