Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
NY HARBOR ULSD HEATING OIL Jan 2022 (NYMEX:HO.F22)
Bull Market Weakness (+75) - HO.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HO.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.F22
The long-term trend has been UP since Sep 22nd, 2021 at 2.2020
The intermediate-term trend has been UP since Aug 29th, 2021 at 2.1081
The short-term trend has been DOWN since Oct 18th, 2021 at 2.5339
Smart Scan Analysis for HO.F22
Based on our trend formula, HO.F22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2578||Contract High Date||2018-10-03|
|Contract Low||1.8915||Contract Low Date||2018-11-28|
|Open Time||09:00||Close Time||14:30|