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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

NY HARBOR ULSD HEATING OIL Feb 2022 (NYMEX:HO.G22)

Long-Term Uptrend (+90) - HO.G22 is in a strong uptrend that is likely to continue. While HO.G22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HO.G22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.G22.

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

NYMEX_HO.G22
Open High Low HO.G22 Price Change
2.5079 2.5253 2.4856 2.4999 -0.0073
Entry Signal

MarketClub’s Trade Triangles for HO.G22

long term up The long-term trend has been UP since Sep 16th, 2021 at 2.1861

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 2.1000

short term up The short-term trend has been UP since Oct 20th, 2021 at 2.5429

Smart Scan Analysis for HO.G22

Based on our trend formula, HO.G22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HO.G22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5079 2.5253 2.4856 2.4999 -0.0073
Prev. Close Volume Bid Ask Time
2.5072 7420 2021-10-22 12:22:16
Expiration2022-01-31Open Time09:00
Close Time14:30
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