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Future Trend Analysis Report

Prepared for you on Thursday, June 30, 2022.

NY HARBOR ULSD HEATING OIL Jun 2024 (NYMEX:HO.M24)

Bull Market Weakness (+75) - HO.M24 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.M24 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid HO.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.M24.

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

NYMEX_HO.M24
Open High Low HO.M24 Price Change
2.8100 2.8100 2.8100 2.8100 -0.0124
Entry Signal

MarketClub’s Trade Triangles for HO.M24

long term up The long-term trend has been UP since Jun 7th, 2021 at 1.940

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2022 at 2.672

short term up The short-term trend has been UP since Apr 26th, 2022 at 2.672

Smart Scan Analysis for HO.M24

Based on our trend formula, HO.M24 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for HO.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.8100 2.8100 2.8100 2.8100 -0.0124
Prev. Close Volume Bid Ask Time
2.8000 2 2022-06-30 10:00:17
Expiration2024-05-31Open Time09:00
Close Time14:30
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