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Future Trend Analysis Report

Prepared for you on Tuesday, October 22, 2019.

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

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
1.8351 1.8433 1.8351 1.8433 +0.0045
Entry Signal

MarketClub’s Trade Triangles for HO.K20

long term up The long term trend has been UP since Sep 16th, 2019 at 1.9681

intermediate term down The intermediate term trend has been DOWN since Oct 1st, 2019 at 1.8074

short term down The short term trend has been DOWN since Oct 21st, 2019 at 1.8260

Smart Scan Analysis for HO.K20

Based on a pre-defined weighted trend formula for chart analysis, HO.K20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HO.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8351 1.8433 1.8351 1.8433 +0.0045
Prev. Close Volume Bid Ask Time
1.8388 695 2019-10-22 09:07:54
Contract High2.38940000Contract High Date2018-10-03
Contract Low1.87520000Contract Low Date2018-11-28
First Delivery2020-05-28Expiration2020-04-30
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL May 2020 HO.K20 or another symbol? Try our Free Future Trend Analysis Report.