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Future Trend Analysis Report

Prepared for you on Saturday, September 19, 2020.

NY HARBOR ULSD HEATING OIL May 2021 (NYMEX:HO.K21)

Countertrend Down (-85) - HO.K21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid HO.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K21.

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

NYMEX_HO.K21
Open High Low HO.K21 Price Change
1.2538 1.2573 1.2480 1.2494 -0.0063
Entry Signal

MarketClub’s Trade Triangles for HO.K21

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.2051

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.3197

short term up The short-term trend has been UP since Sep 16th, 2020 at 1.2071

Smart Scan Analysis for HO.K21

Based on our trend formula, HO.K21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for HO.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2538 1.2573 1.2480 1.2494 -0.0063
Prev. Close Volume Bid Ask Time
1.2256 851 2020-09-18 15:58:09
Contract High2.3039Contract High Date2018-10-03
Contract Low1.8816Contract Low Date2018-11-28
First Delivery2021-05-28Expiration2021-04-30
Open Time18:00Close Time17:00
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