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Future Trend Analysis Report

Prepared for you on Wednesday, June 19, 2019.

NY HARBOR ULSD HEATING OIL Oct 2019 (NYMEX:HO.V19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.V19
Open High Low HO.V19 Price Change
1.8528 1.8615 1.8427 1.8456 -0.0061
Entry Signal

MarketClub’s Trade Triangles for HO.V19

long term down The long term trend has been DOWN since May 31st, 2019 at 1.9030

intermediate term down The intermediate term trend has been DOWN since May 6th, 2019 at 2.0601

short term down The short term trend has been DOWN since Jun 18th, 2019 at 1.8183

Smart Scan Analysis for HO.V19

Based on a pre-defined weighted trend formula for chart analysis, HO.V19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HO.V19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8528 1.8615 1.8427 1.8456 -0.0061
Prev. Close Volume Bid Ask Time
2.0102 393 2019-06-19 05:17:25
Contract High2.4251Contract High Date2018-10-03
Contract Low1.8632Contract Low Date2018-11-28
First Delivery2019-10-30Expiration2019-09-30
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Oct 2019 HO.V19 or another symbol? Try our Free Future Trend Analysis Report.