Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
NY HARBOR ULSD HEATING OIL Dec 2021 (NYMEX:HO.Z21)
Crossroads (-60) - HO.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.Z21
The long-term trend has been UP since Sep 17th, 2021 at 2.2057
The intermediate-term trend has been DOWN since Nov 3rd, 2021 at 2.4449
The short-term trend has been DOWN since Nov 11th, 2021 at 2.4441
Smart Scan Analysis for HO.Z21
Based on our trend formula, HO.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2492||Contract High Date||2018-10-03|
|Contract Low||1.8855||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|