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Future Trend Analysis Report

Prepared for you on Friday, September 25, 2020.

NY HARBOR ULSD HEATING OIL Nov 2020 (NYMEX:HO.X20)

Countertrend Down (-85) - HO.X20 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid HO.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.X20.

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

NYMEX_HO.X20
Open High Low HO.X20 Price Change
1.1201 1.1340 1.1201 1.1247 +0.0015
Entry Signal

MarketClub’s Trade Triangles for HO.X20

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.1220

intermediate term down The intermediate-term trend has been DOWN since Aug 21st, 2020 at 1.2523

short term up The short-term trend has been UP since Sep 24th, 2020 at 1.1283

Smart Scan Analysis for HO.X20

Based on our trend formula, HO.X20 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HO.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1201 1.1340 1.1201 1.1247 +0.0015
Prev. Close Volume Bid Ask Time
1.1341 1861 2020-09-25 02:29:29
Contract High2.3497Contract High Date2018-10-03
Contract Low1.8931Contract Low Date2018-11-28
First Delivery2020-11-27Expiration2020-10-30
Open Time18:00Close Time17:00
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