Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

NY HARBOR ULSD HEATING OIL Jul 2020 (NYMEX:HO.N20)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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.N20
Open High Low HO.N20 Price Change
1.8939 1.8944 1.8818 1.8892 -0.0162
Entry Signal

MarketClub’s Trade Triangles for HO.N20

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.9356

intermediate term up The intermediate term trend has been UP since Oct 24th, 2019 at 1.8502

short term up The short term trend has been UP since Dec 5th, 2019 at 1.8846

Smart Scan Analysis for HO.N20

Based on a pre-defined weighted trend formula for chart analysis, HO.N20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HO.N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8939 1.8944 1.8818 1.8892 -0.0162
Prev. Close Volume Bid Ask Time
1.9054 622 2019-12-09 10:57:53
Contract High2.3751Contract High Date2018-10-03
Contract Low1.8835Contract Low Date2018-11-28
First Delivery2020-07-30Expiration2020-06-30
Open Time18:00Close Time17:00
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