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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

NY HARBOR ULSD HEATING OIL Mar 2022 (NYMEX:HO.H22)

Countertrend Up (+85) - HO.H22 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.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.

NYMEX_HO.H22
Open High Low HO.H22 Price Change
1.7593 1.8040 1.7593 1.8040 +0.0160
Entry Signal

MarketClub’s Trade Triangles for HO.H22

long term up The long-term trend has been UP since Dec 8th, 2020 at 1.4531

intermediate term up The intermediate-term trend has been UP since Nov 12th, 2020 at 1.3350

short term down The short-term trend has been DOWN since Feb 26th, 2021 at 1.8279

Smart Scan Analysis for HO.H22

Based on our trend formula, HO.H22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7593 1.8040 1.7593 1.8040 +0.0160
Prev. Close Volume Bid Ask Time
1.7880 103 2021-03-02 11:59:56
Expiration2022-02-28Open Time18:00
Close Time17:00
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