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Future Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

NY HARBOR ULSD HEATING OIL Mar 2023 (NYMEX:HO.H23)

Countertrend Up (+85) - HO.H23 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.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.H23.

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

NYMEX_HO.H23
Open High Low HO.H23 Price Change
2.3977 2.4011 2.3948 2.3948 +0.0141
Entry Signal

MarketClub’s Trade Triangles for HO.H23

long term up The long-term trend has been UP since Dec 11th, 2020 at 1.4450

intermediate term up The intermediate-term trend has been UP since Dec 27th, 2021 at 2.1500

short term up The short-term trend has been UP since Dec 27th, 2021 at 2.1175

Smart Scan Analysis for HO.H23

Based on our trend formula, HO.H23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for HO.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3977 2.4011 2.3948 2.3948 +0.0141
Prev. Close Volume Bid Ask Time
2.3641 132 2022-01-18 09:47:47
Expiration2023-02-28Open Time18:00
Close Time17:00
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