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Future Trend Analysis Report

Prepared for you on Monday, January 25, 2021.

NY HARBOR ULSD HEATING OIL Aug 2021 (NYMEX:HO.Q21)

Countertrend Up (+85) - HO.Q21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HO.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q21.

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

NYMEX_HO.Q21
Open High Low HO.Q21 Price Change
1.5927 1.5927 1.5901 1.5901 +0.0021
Entry Signal

MarketClub’s Trade Triangles for HO.Q21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.4277

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2647

short term down The short-term trend has been DOWN since Jan 15th, 2021 at 1.5875

Smart Scan Analysis for HO.Q21

Based on our trend formula, HO.Q21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5927 1.5927 1.5901 1.5901 +0.0021
Prev. Close Volume Bid Ask Time
1.2470 151 2021-01-25 08:06:01
Contract High2.2806Contract High Date2018-10-03
Contract Low1.8933Contract Low Date2018-11-23
First Delivery2021-08-30Expiration2021-07-30
Open Time18:00Close Time17:00
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