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Future Trend Analysis Report

Prepared for you on Friday, November 27, 2020.

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

Strong Uptrend (+100) - HO.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HO.M21 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.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.M21.

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

NYMEX_HO.M21
Open High Low HO.M21 Price Change
1.4212 1.4212 1.3939 1.4106 +0.0148
Entry Signal

MarketClub’s Trade Triangles for HO.M21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.4045

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2492

short term up The short-term trend has been UP since Nov 16th, 2020 at 1.2880

Smart Scan Analysis for HO.M21

Based on our trend formula, HO.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HO.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4212 1.4212 1.3939 1.4106 +0.0148
Prev. Close Volume Bid Ask Time
1.2269 2983 2020-11-27 13:29:48
Contract High2.2955Contract High Date2018-10-03
Contract Low1.8951Contract Low Date2018-11-23
First Delivery2021-06-29Expiration2021-05-28
Open Time09:00Close Time14:30
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