Future Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
NY HARBOR ULSD HEATING OIL Mar 2021 (NYMEX:HO.H21)
Bear Market Rally (-75) - HO.H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.H21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HO.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.H21
The long-term trend has been DOWN since Sep 8th, 2020 at 1.1879
The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.3029
The short-term trend has been UP since Sep 15th, 2020 at 1.1870
Smart Scan Analysis for HO.H21
Based on our trend formula, HO.H21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.3342||Contract High Date||2018-10-03|
|Contract Low||1.8936||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|