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Future Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

NY HARBOR ULSD HEATING OIL Jun 2023 (NYMEX:HO.M23)

Sidelines Mode (-55) - HO.M23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.M23.

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

NYMEX_HO.M23
Open High Low HO.M23 Price Change
1.9920 2.0339 1.9868 2.0571 -0.0207
Entry Signal

MarketClub’s Trade Triangles for HO.M23

long term up The long-term trend has been UP since Sep 29th, 2021 at 2.043

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 2.229

short term up The short-term trend has been UP since Dec 3rd, 2021 at 2.030

Smart Scan Analysis for HO.M23

Based on our trend formula, HO.M23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HO.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9920 2.0339 1.9868 2.0571 -0.0207
Prev. Close Volume Bid Ask Time
1.9868 105 2021-12-03 14:45:59
Expiration2023-05-31Open Time09:00
Close Time14:30
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