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Future Trend Analysis Report

Prepared for you on Thursday, January 23, 2020.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.G21
Open High Low HO.G21 Price Change
1.7909 1.7935 1.7880 1.7880 -0.0270
Entry Signal

MarketClub’s Trade Triangles for HO.G21

long term up The long term trend has been UP since Dec 18th, 2019 at 1.8940

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

short term down The short term trend has been DOWN since Jan 9th, 2020 at 1.9475

Smart Scan Analysis for HO.G21

Based on a pre-defined weighted trend formula for chart analysis, HO.G21 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HO.G21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7909 1.7935 1.7880 1.7880 -0.0270
Prev. Close Volume Bid Ask Time
1.8600 33 2020-01-23 08:54:01
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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