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Future Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

NY HARBOR ULSD HEATING OIL Jun 2021 (NYMEX:HO.M21)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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.M21
Open High Low HO.M21 Price Change
1.8368 1.8381 1.8368 1.8479 +0.0074
Entry Signal

MarketClub’s Trade Triangles for HO.M21

long term down The long term trend has been DOWN since Nov 13th, 2018 at 2.0458

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2019 at 1.7959

short term up The short term trend has been UP since Dec 5th, 2019 at 1.8307

Smart Scan Analysis for HO.M21

Based on a pre-defined weighted trend formula for chart analysis, HO.M21 scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for HO.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8368 1.8381 1.8368 1.8479 +0.0074
Prev. Close Volume Bid Ask Time
1.8625 83 2019-12-05 15:29:54
Contract High2.2955Contract High Date2018-10-03
Contract Low1.8951Contract Low Date2018-11-23
First Delivery2021-06-29Expiration2021-05-28
Open Time18:00Close Time17:00
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