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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.

NYMEX_HO.G21
Open High Low HO.G21 Price Change
1.3766 1.3953 1.3535 1.3614 -0.0124
Entry Signal

MarketClub’s Trade Triangles for HO.G21

long term up The long-term trend has been UP since Nov 24th, 2020 at 1.3834

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2040

short term down 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).

+75
Smart Scan Analysis for HO.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3766 1.3953 1.3535 1.3614 -0.0124
Prev. Close Volume Bid Ask Time
1.1906 18810 2020-12-01 12:41:04
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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