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Future Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

NY HARBOR ULSD HEATING OIL Feb 2023 (NYMEX:HO.G23)

Countertrend Up (+85) - HO.G23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HO.G23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.G23.

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

NYMEX_HO.G23
Open High Low HO.G23 Price Change
2.4650 2.4725 2.4650 2.4569 +0.0395
Entry Signal

MarketClub’s Trade Triangles for HO.G23

long term up The long-term trend has been UP since Sep 15th, 2021 at 2.0900

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 2.1580

short term up The short-term trend has been UP since Jan 26th, 2022 at 2.4385

Smart Scan Analysis for HO.G23

Based on our trend formula, HO.G23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for HO.G23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4650 2.4725 2.4650 2.4569 +0.0395
Prev. Close Volume Bid Ask Time
2.4725 143 2022-01-26 13:02:01
Expiration2023-01-31Open Time18:00
Close Time17:00
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