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Future Trend Analysis Report

Prepared for you on Sunday, April 18, 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
1.8885 1.8885 1.8885 1.8855 0.0000
Entry Signal

MarketClub’s Trade Triangles for HO.K22

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.4537

intermediate term up The intermediate-term trend has been UP since Apr 16th, 2021 at 1.8292

short term up The short-term trend has been UP since Apr 16th, 2021 at 1.8100

Smart Scan Analysis for HO.K22

Based on our trend formula, HO.K22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for HO.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8885 1.8885 1.8885 1.8855 0.0000
Prev. Close Volume Bid Ask Time
1.8855 110 2021-04-16 14:50:11
Expiration2022-04-29Open Time09:00
Close Time14:30
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