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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

NY HARBOR ULSD HEATING OIL May 2022 (NYMEX:HO.K22)

Sidelines Mode (+55) - HO.K22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K22.

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

NYMEX_HO.K22
Open High Low HO.K22 Price Change
2.0297 2.0706 2.0297 2.0694 +0.0310
Entry Signal

MarketClub’s Trade Triangles for HO.K22

long term up The long-term trend has been UP since Sep 15th, 2021 at 2.1403

intermediate term down The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.3283

short term up The short-term trend has been UP since Dec 3rd, 2021 at 2.0392

Smart Scan Analysis for HO.K22

Based on our trend formula, HO.K22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HO.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0297 2.0706 2.0297 2.0694 +0.0310
Prev. Close Volume Bid Ask Time
2.0384 1146 2021-12-03 08:16:52
Expiration2022-04-29Open Time09:00
Close Time14:30
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