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Future Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

NY HARBOR ULSD HEATING OIL Sep 2020 (NYMEX:HO.U20)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.U20
Open High Low HO.U20 Price Change
1.7045 1.7441 1.7039 1.7441 +0.0418
Entry Signal

MarketClub’s Trade Triangles for HO.U20

long term down The long term trend has been DOWN since Jan 26th, 2020 at 1.7483

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 1.9264

short term down The short term trend has been DOWN since Jan 8th, 2020 at 1.9787

Smart Scan Analysis for HO.U20

Based on a pre-defined weighted trend formula for chart analysis, HO.U20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HO.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7045 1.7441 1.7039 1.7441 +0.0418
Prev. Close Volume Bid Ask Time
1.8762 4122 2020-01-28 16:50:08
Contract High2.3652Contract High Date2018-10-03
Contract Low1.8905Contract Low Date2018-11-28
First Delivery2020-09-29Expiration2020-08-31
Open Time18:00Close Time17:00
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