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Future Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.K21
Open High Low HO.K21 Price Change
1.7721 1.7721 1.7721 1.7721 -0.0303
Entry Signal

MarketClub’s Trade Triangles for HO.K21

long term down The long term trend has been DOWN since Aug 7th, 2019 at 1.8139

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 1.8650

short term down The short term trend has been DOWN since Jul 18th, 2019 at 1.8680

Smart Scan Analysis for HO.K21

Based on a pre-defined weighted trend formula for chart analysis, HO.K21 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HO.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7721 1.7721 1.7721 1.7721 -0.0303
Prev. Close Volume Bid Ask Time
1.8011 1 2019-08-15 14:31:06
Contract High2.3039Contract High Date2018-10-03
Contract Low1.8816Contract Low Date2018-11-28
First Delivery2021-05-28Expiration2021-04-30
Open Time09:00Close Time14:30
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