Future Trend Analysis Report
Prepared for you on Tuesday, April 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 Dec 1st, 2020 at 1.4428
The intermediate-term trend has been UP since Apr 12th, 2021 at 1.8530
The short-term trend has been DOWN since Apr 20th, 2021 at 1.9017
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|