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Future Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

NY HARBOR ULSD HEATING OIL Jun 2020 (NYMEX:HO.M20)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.M20
Open High Low HO.M20 Price Change
1.7968 1.8033 1.7397 1.7476 -0.0513
Entry Signal

MarketClub’s Trade Triangles for HO.M20

long term up The long term trend has been UP since Dec 19th, 2019 at 1.9734

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 1.9296

short term down The short term trend has been DOWN since Jan 21st, 2020 at 1.8411

Smart Scan Analysis for HO.M20

Based on a pre-defined weighted trend formula for chart analysis, HO.M20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7968 1.8033 1.7397 1.7476 -0.0513
Prev. Close Volume Bid Ask Time
1.8847 20581 2020-01-24 16:58:53
Contract High2.3806Contract High Date2018-10-03
Contract Low1.879Contract Low Date2018-11-28
First Delivery2020-06-29Expiration2020-05-29
Open Time09:00Close Time14:30
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