Future Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
NY HARBOR ULSD HEATING OIL Feb 2021 (NYMEX:HO.G21)
Bull Market Weakness (+75) - HO.G21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.G21 as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HO.G21
The long-term trend has been UP since Nov 24th, 2020 at 1.3834
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2040
The short-term trend has been DOWN since Nov 27th, 2020 at 1.3676
Smart Scan Analysis for HO.G21
Based on our trend formula, HO.G21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.3427||Contract High Date||2018-10-03|
|Contract Low||1.8982||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|