Analyze Symbol

Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

NY HARBOR ULSD HEATING OIL Dec 2020 (NYMEX:HO.Z20)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.Z20
Open High Low HO.Z20 Price Change
1.8552 1.8913 1.8552 1.8829 +0.0230
Entry Signal

MarketClub’s Trade Triangles for HO.Z20

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.9311

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 1.8596

short term up The short term trend has been UP since Nov 13th, 2019 at 1.8650

Smart Scan Analysis for HO.Z20

Based on a pre-defined weighted trend formula for chart analysis, HO.Z20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8552 1.8913 1.8552 1.8829 +0.0230
Prev. Close Volume Bid Ask Time
1.8280 2380 2019-11-15 13:37:03
Contract High2.3442Contract High Date2018-10-03
Contract Low1.8955Contract Low Date2018-11-28
First Delivery2020-12-30Expiration2020-11-30
Open Time18:00Close Time17:00
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