Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

NY HARBOR ULSD HEATING OIL Aug 2023 (NYMEX:HO.Q23)

Crossroads (-60) - HO.Q23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q23.

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

NYMEX_HO.Q23
Open High Low HO.Q23 Price Change
1.9920 1.9920 1.9920 2.1076 +0.0019
Entry Signal

MarketClub’s Trade Triangles for HO.Q23

long term up The long-term trend has been UP since Aug 13th, 2021 at 1.9600

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 2.1371

short term down The short-term trend has been DOWN since Nov 26th, 2021 at 2.1371

Smart Scan Analysis for HO.Q23

Based on our trend formula, HO.Q23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HO.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9920 1.9920 1.9920 2.1076 +0.0019
Prev. Close Volume Bid Ask Time
1.9920 20 2021-12-02 20:31:53
Expiration2023-07-31Open Time18:00
Close Time17:00
Get a free daily analysis and signals for NY HARBOR ULSD HEATING OIL Aug 2023 (HO.Q23) - Request Your Free Report.