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Future Trend Analysis Report

Prepared for you on Friday, December 3, 2021.

NY HARBOR ULSD HEATING OIL May 2023 (NYMEX:HO.K23)

Crossroads (-60) - HO.K23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.K23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K23.

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

NYMEX_HO.K23
Open High Low HO.K23 Price Change
2.0040 2.0075 2.0040 2.0075 +0.0264
Entry Signal

MarketClub’s Trade Triangles for HO.K23

long term up The long-term trend has been UP since Jan 5th, 2021 at 1.403

intermediate term down The intermediate-term trend has been DOWN since Nov 2nd, 2021 at 2.235

short term down The short-term trend has been DOWN since Nov 2nd, 2021 at 2.235

Smart Scan Analysis for HO.K23

Based on our trend formula, HO.K23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HO.K23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.0040 2.0075 2.0040 2.0075 +0.0264
Prev. Close Volume Bid Ask Time
2.0075 23 2021-12-03 16:25:17
Expiration2023-04-28Open Time18:00
Close Time17:00
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