Future Trend Analysis Report
Prepared for you on Sunday, March 7, 2021.
NY HARBOR ULSD HEATING OIL Aug 2021 (NYMEX:HO.Q21)
Strong Uptrend (+100) - HO.Q21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HO.Q21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for HO.Q21
The long-term trend has been UP since Nov 25th, 2020 at 1.4277
The intermediate-term trend has been UP since Nov 9th, 2020 at 1.2647
The short-term trend has been UP since Mar 4th, 2021 at 1.8536
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).
|Contract High||2.2806||Contract High Date||2018-10-03|
|Contract Low||1.8933||Contract Low Date||2018-11-23|
|Open Time||18:00||Close Time||17:00|