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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

NY HARBOR ULSD HEATING OIL Apr 2023 (NYMEX:HO.J23)

Sidelines Mode (-55) - HO.J23 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.J23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.J23.

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

NYMEX_HO.J23
Open High Low HO.J23 Price Change
3.1708 3.2331 3.1708 3.2175 +0.0614
Entry Signal

MarketClub’s Trade Triangles for HO.J23

long term down The long-term trend has been DOWN since Aug 5th, 2022 at 2.9550

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2022 at 3.3350

short term up The short-term trend has been UP since Aug 10th, 2022 at 3.0839

Smart Scan Analysis for HO.J23

Based on our trend formula, HO.J23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HO.J23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.1708 3.2331 3.1708 3.2175 +0.0614
Prev. Close Volume Bid Ask Time
3.2150 5255 2022-08-18 16:49:08
Expiration2023-03-31Open Time09:00
Close Time14:30
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