Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

NY HARBOR ULSD HEATING OIL May 2022 (NYMEX:HO.K22)

Countertrend Up (+85) - HO.K22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HO.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K22.

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

NYMEX_HO.K22
Open High Low HO.K22 Price Change
2.4065 2.4268 2.4000 2.4051 -0.0043
Entry Signal

MarketClub’s Trade Triangles for HO.K22

long term up The long-term trend has been UP since Sep 15th, 2021 at 2.1403

intermediate term up The intermediate-term trend has been UP since Aug 30th, 2021 at 2.0657

short term down The short-term trend has been DOWN since Oct 18th, 2021 at 2.4285

Smart Scan Analysis for HO.K22

Based on our trend formula, HO.K22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.4065 2.4268 2.4000 2.4051 -0.0043
Prev. Close Volume Bid Ask Time
2.4169 2337 2021-10-22 16:35:52
Expiration2022-04-29Open Time09:00
Close Time14:30
Get a free daily analysis and signals for NY HARBOR ULSD HEATING OIL May 2022 (HO.K22) - Request Your Free Report.