Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, November 18, 2019.

NY HARBOR ULSD HEATING OIL Aug 2020 (NYMEX:HO.Q20)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HO.Q20
Open High Low HO.Q20 Price Change
1.8501 1.8660 1.8501 1.8636 -0.0095
Entry Signal

MarketClub’s Trade Triangles for HO.Q20

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.9754

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 1.8320

short term up The short term trend has been UP since Nov 13th, 2019 at 1.8590

Smart Scan Analysis for HO.Q20

Based on a pre-defined weighted trend formula for chart analysis, HO.Q20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HO.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8501 1.8660 1.8501 1.8636 -0.0095
Prev. Close Volume Bid Ask Time
1.8146 52 2019-11-15 10:38:52
Contract High2.3711Contract High Date2018-10-03
Contract Low1.8878Contract Low Date2018-11-28
First Delivery2020-08-28Expiration2020-07-31
Open Time18:00Close Time17:00
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