Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
NY HARBOR ULSD HEATING OIL Sep 2021 (NYMEX:HO.U21)
Weak Downtrend (-65) - HO.U21 is showing signs of a strengthening downtrend. Monitor HO.U21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HO.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.U21
The long-term trend has been DOWN since Jan 22nd, 2020 at 1.7721
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1.6775
The short-term trend has been UP since Apr 2nd, 2020 at 1.3051
Smart Scan Analysis for HO.U21
Based on our trend formula, HO.U21 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2743||Contract High Date||2018-10-03|
|Contract Low||1.8925||Contract Low Date||2018-11-23|
|Open Time||09:00||Close Time||14:30|