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Future Trend Analysis Report
Prepared for you on Saturday, September 30, 2023.
NY HARBOR ULSD HEATING OIL Oct 2023 (NYMEX:HO.V23)
Long-Term Uptrend (+90) - HO.V23 is in a strong uptrend that is likely to continue. While HO.V23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HO.V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HO.V23
The long-term trend has been UP since Jul 20th, 2023 at 2.6515
The intermediate-term trend has been UP since Jun 15th, 2023 at 2.4222
The short-term trend has been UP since Sep 28th, 2023 at 3.3386
Smart Scan Analysis for HO.V23
Based on our trend formula, HO.V23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.3451 | 3.4066 | 3.3328 | 3.3622 | +0.0316 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.3519 | 2361 | 2023-09-29 14:23:44 |
| Expiration | 2023-09-29 | Open Time | 09:00 |
| Close Time | 14:30 |