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Future Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

NY HARBOR ULSD HEATING OIL May 2020 (NYMEX:HO.K20)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HO.K20
Open High Low HO.K20 Price Change
1.6921 1.6923 1.6836 1.6871 -0.0050
Entry Signal

MarketClub’s Trade Triangles for HO.K20

long term down The long term trend has been DOWN since Jan 24th, 2020 at 1.7446

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 1.9607

short term up The short term trend has been UP since Feb 12th, 2020 at 1.6488

Smart Scan Analysis for HO.K20

Based on a pre-defined weighted trend formula for chart analysis, HO.K20 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for HO.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.6921 1.6923 1.6836 1.6871 -0.0050
Prev. Close Volume Bid Ask Time
1.8908 406 2020-02-17 00:05:05
Contract High2.3894Contract High Date2018-10-03
Contract Low1.8752Contract Low Date2018-11-28
First Delivery2020-05-28Expiration2020-04-30
Open Time09:00Close Time14:30
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