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Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
NY HARBOR ULSD HEATING OIL Jun 2021 (NYMEX:HO.M21)
Bear Market Rally (-75) - HO.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.M21 as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for HO.M21
The long-term trend has been DOWN since Jan 24th, 2020 at 1.7300
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1.6463
The short-term trend has been UP since Mar 20th, 2020 at 1.3036
Smart Scan Analysis for HO.M21
Based on our trend formula, HO.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2746 | 1.2821 | 1.2611 | 1.2740 | -0.0010 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.6168 | 1150 | 2020-03-27 15:32:30 |
| Contract High | 2.2955 | Contract High Date | 2018-10-03 |
| Contract Low | 1.8951 | Contract Low Date | 2018-11-23 |
| First Delivery | 2021-06-29 | Expiration | 2021-05-28 |
| Open Time | 18:00 | Close Time | 17:00 |