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Future Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

NY HARBOR ULSD HEATING OIL Apr 2020 (NYMEX:HO.J20)

Sidelines Mode (-55) - HO.J20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.J20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.J20.

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

NYMEX_HO.J20
Open High Low HO.J20 Price Change
1.7023 1.7112 1.6952 1.7039 -0.0016
Entry Signal

MarketClub’s Trade Triangles for HO.J20

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7559

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9752

short term up The short-term trend has been UP since Feb 19th, 2020 at 1.6965

Smart Scan Analysis for HO.J20

Based on our trend formula, HO.J20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HO.J20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7023 1.7112 1.6952 1.7039 -0.0016
Prev. Close Volume Bid Ask Time
1.8979 1632 2020-02-20 02:17:34
Contract High2.3984Contract High Date2018-10-03
Contract Low1.8768Contract Low Date2018-11-28
First Delivery2020-04-29Expiration2020-03-31
Open Time09:00Close Time14:30
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