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Future Trend Analysis Report

Prepared for you on Tuesday, September 22, 2020.

NY HARBOR ULSD HEATING OIL Aug 2021 (NYMEX:HO.Q21)

Strong Downtrend (-100) - HO.Q21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HO.Q21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q21.

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

NYMEX_HO.Q21
Open High Low HO.Q21 Price Change
1.2516 1.2516 1.2413 1.2463 -0.0122
Entry Signal

MarketClub’s Trade Triangles for HO.Q21

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.2815

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2020 at 1.3713

short term down The short-term trend has been DOWN since Sep 22nd, 2020 at 1.2510

Smart Scan Analysis for HO.Q21

Based on our trend formula, HO.Q21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HO.Q21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2516 1.2516 1.2413 1.2463 -0.0122
Prev. Close Volume Bid Ask Time
1.2711 860 2020-09-22 14:00:24
Contract High2.2806Contract High Date2018-10-03
Contract Low1.8933Contract Low Date2018-11-23
First Delivery2021-08-30Expiration2021-07-30
Open Time09:00Close Time14:30
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