Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
NY HARBOR ULSD HEATING OIL Apr 2022 (NYMEX:HO.J22)
Strong Uptrend (+100) - HO.J22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HO.J22 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.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 Dec 8th, 2020 at 1.4490
The intermediate-term trend has been UP since Apr 14th, 2021 at 1.8467
The short-term trend has been UP since May 10th, 2021 at 2.0015
Smart Scan Analysis for HO.J22
Based on our trend formula, HO.J22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).