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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

NY HARBOR ULSD HEATING OIL Jul 2021 (NYMEX:HO.N21)

Long-Term Uptrend (+90) - HO.N21 is in a strong uptrend that is likely to continue. While HO.N21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HO.N21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.N21.

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

NYMEX_HO.N21
Open High Low HO.N21 Price Change
1.9938 2.0120 1.9815 1.9890 -0.0053
Entry Signal

MarketClub’s Trade Triangles for HO.N21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.4178

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2021 at 1.8403

short term up The short-term trend has been UP since Apr 23rd, 2021 at 1.8796

Smart Scan Analysis for HO.N21

Based on our trend formula, HO.N21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HO.N21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9938 2.0120 1.9815 1.9890 -0.0053
Prev. Close Volume Bid Ask Time
1.9943 9781 2021-05-06 12:36:59
Contract High2.2875Contract High Date2018-10-03
Contract Low1.8941Contract Low Date2018-11-23
First Delivery2021-07-29Expiration2021-06-30
Open Time09:00Close Time14:30
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