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Future Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

NY HARBOR ULSD HEATING OIL Feb 2021 (NYMEX:HO.G21)

Sidelines Mode (-55) - HO.G21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.G21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.G21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.G21
Open High Low HO.G21 Price Change
1.2680 1.2682 1.2452 1.2607 +0.0041
Entry Signal

MarketClub’s Trade Triangles for HO.G21

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 1.7524

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2020 at 1.9391

short term up The short-term trend has been UP since Apr 2nd, 2020 at 1.2251

Smart Scan Analysis for HO.G21

Based on our trend formula, HO.G21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HO.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2680 1.2682 1.2452 1.2607 +0.0041
Prev. Close Volume Bid Ask Time
1.1958 1085 2020-04-08 16:43:52
Contract High2.3427Contract High Date2018-10-03
Contract Low1.8982Contract Low Date2018-11-28
First Delivery2021-02-25Expiration2021-01-29
Open Time18:00Close Time17:00
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