Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
NY HARBOR ULSD HEATING OIL Apr 2022 (NYMEX:HO.J22)
Long-Term Uptrend (+90) - HO.J22 is in a strong uptrend that is likely to continue. While HO.J22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid HO.J22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.J22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.J22
The long-term trend has been UP since Sep 15th, 2021 at 2.1537
The intermediate-term trend has been UP since Aug 30th, 2021 at 2.0737
The short-term trend has been UP since Oct 20th, 2021 at 2.4796
Smart Scan Analysis for HO.J22
Based on our trend formula, HO.J22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).