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Future Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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

Crossroads (+60) - HO.Z20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z20.

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

NYMEX_HO.Z20
Open High Low HO.Z20 Price Change
1.1725 1.1725 1.1375 1.1482 -0.0136
Entry Signal

MarketClub’s Trade Triangles for HO.Z20

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7766

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 1.1024

short term up The short-term trend has been UP since May 31st, 2020 at 1.1717

Smart Scan Analysis for HO.Z20

Based on our trend formula, HO.Z20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for HO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1725 1.1725 1.1375 1.1482 -0.0136
Prev. Close Volume Bid Ask Time
1.1611 5705 2020-06-01 12:37:41
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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