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Future Trend Analysis Report

Prepared for you on Tuesday, August 20, 2019.

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

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.X20
Open High Low HO.X20 Price Change
1.8051 1.8051 1.8051 1.8051 +0.0123
Entry Signal

MarketClub’s Trade Triangles for HO.X20

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.9791

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2019 at 1.8526

short term down The short term trend has been DOWN since Aug 15th, 2019 at 1.7940

Smart Scan Analysis for HO.X20

Based on a pre-defined weighted trend formula for chart analysis, HO.X20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HO.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8051 1.8051 1.8051 1.8051 +0.0123
Prev. Close Volume Bid Ask Time
1.9188 1 2019-08-19 10:42:16
Contract High2.3497Contract High Date2018-10-03
Contract Low1.8931Contract Low Date2018-11-28
First Delivery2020-11-27Expiration2020-10-30
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Nov 2020 HO.X20 or another symbol? Try our Free Future Trend Analysis Report.