Future Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
NY HARBOR ULSD HEATING OIL Jul 2022 (NYMEX:HO.N22)
Crossroads (-60) - HO.N22 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HO.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.N22
The long-term trend has been UP since Jan 12th, 2022 at 2.4326
The intermediate-term trend has been DOWN since Jun 28th, 2022 at 4.2488
The short-term trend has been DOWN since Jun 27th, 2022 at 4.3023
Smart Scan Analysis for HO.N22
Based on our trend formula, HO.N22 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).