Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
NY HARBOR ULSD HEATING OIL Mar 2022 (NYMEX:HO.H22)
Strong Uptrend (+100) - HO.H22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HO.H22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid HO.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.H22
The long-term trend has been UP since Sep 15th, 2021 at 2.1717
The intermediate-term trend has been UP since Aug 30th, 2021 at 2.0900
The short-term trend has been UP since Oct 11th, 2021 at 2.4341
Smart Scan Analysis for HO.H22
Based on our trend formula, HO.H22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).