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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.

NYMEX_HO.M21
Open High Low HO.M21 Price Change
1.2746 1.2821 1.2611 1.2740 -0.0010
Entry Signal

MarketClub’s Trade Triangles for HO.M21

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7300

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 1.6463

short term up 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).

-75
Smart Scan Analysis for HO.M21
Strong Downtrend Sideways 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 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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