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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

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

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
1.9085 1.9477 1.8922 1.9385 +0.0299
Entry Signal

MarketClub’s Trade Triangles for HO.G20

long term up The long term trend has been UP since Sep 15th, 2019 at 2.0082

intermediate term up The intermediate term trend has been UP since Oct 23rd, 2019 at 1.9162

short term down The short term trend has been DOWN since Nov 13th, 2019 at 1.8861

Smart Scan Analysis for HO.G20

Based on a pre-defined weighted trend formula for chart analysis, HO.G20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for HO.G20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9085 1.9477 1.8922 1.9385 +0.0299
Prev. Close Volume Bid Ask Time
1.8948 25440 2019-11-15 16:58:53
Contract High2.4229Contract High Date2018-10-03
Contract Low1.8871Contract Low Date2018-11-28
First Delivery2020-02-27Expiration2020-01-31
Open Time18:00Close Time17:00
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