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Future Trend Analysis Report

Prepared for you on Thursday, February 25, 2021.

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

Strong Uptrend (+100) - HO.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HO.K21 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.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
1.8947 1.8989 1.8869 1.8942 +0.0012
Entry Signal

MarketClub’s Trade Triangles for HO.K21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.3975

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2370

short term up The short-term trend has been UP since Feb 14th, 2021 at 1.7663

Smart Scan Analysis for HO.K21

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

+100
Smart Scan Analysis for HO.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8947 1.8989 1.8869 1.8942 +0.0012
Prev. Close Volume Bid Ask Time
1.8930 306 2021-02-25 02:14:06
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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