Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
NY HARBOR ULSD HEATING OIL Jul 2023 (NYMEX:HO.N23)
Weak Downtrend (-65) - HO.N23 is showing signs of a strengthening downtrend. Monitor HO.N23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HO.N23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.N23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.N23
The long-term trend has been UP since Sep 2nd, 2021 at 2.0189
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 2.1421
The short-term trend has been DOWN since Nov 29th, 2021 at 2.1421
Smart Scan Analysis for HO.N23
Based on our trend formula, HO.N23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).