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Future Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

NY HARBOR ULSD HEATING OIL Feb 2020 (NYMEX:HO.G20)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HO.G20
Open High Low HO.G20 Price Change
1.9170 1.9297 1.9052 1.9297 +0.0138
Entry Signal

MarketClub’s Trade Triangles for HO.G20

long term down The long term trend has been DOWN since May 30th, 2019 at 1.9414

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 1.8928

short term up The short term trend has been UP since Jul 23rd, 2019 at 1.9273

Smart Scan Analysis for HO.G20

Based on a pre-defined weighted trend formula for chart analysis, HO.G20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HO.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9170 1.9297 1.9052 1.9297 +0.0138
Prev. Close Volume Bid Ask Time
2.0153 1109 2019-07-23 13:23:37
Contract High2.4229Contract High Date2018-10-03
Contract Low1.8871Contract Low Date2018-11-28
First Delivery2020-02-27Expiration2020-01-31
Open Time09:00Close Time14:30
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