Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
NY HARBOR ULSD HEATING OIL Jan 2023 (NYMEX:HO.F23)
Bull Market Weakness (+75) - HO.F23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.F23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HO.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.F23
The long-term trend has been UP since Sep 15th, 2021 at 2.076
The intermediate-term trend has been UP since Sep 8th, 2021 at 1.960
The short-term trend has been UP since Sep 8th, 2021 at 1.960
Smart Scan Analysis for HO.F23
Based on our trend formula, HO.F23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).