Future Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
NY HARBOR ULSD HEATING OIL Jul 2022 (NYMEX:HO.N22)
Bull Market Weakness (+75) - HO.N22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.N22 as it may be in the beginning stages of a reversal.
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 Dec 10th, 2020 at 1.4700
The intermediate-term trend has been DOWN since Jul 7th, 2021 at 2.0111
The short-term trend has been UP since Jul 22nd, 2021 at 1.9929
Smart Scan Analysis for HO.N22
Based on our trend formula, HO.N22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).