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Future Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

NY HARBOR ULSD HEATING OIL Aug 2022 (NYMEX:HO.Q22)

Weak Downtrend (-65) - HO.Q22 is showing signs of a strengthening downtrend. Monitor HO.Q22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HO.Q22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q22.

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

NYMEX_HO.Q22
Open High Low HO.Q22 Price Change
3.4296 3.4697 3.3774 3.4342 +0.0059
Entry Signal

MarketClub’s Trade Triangles for HO.Q22

long term up The long-term trend has been UP since Sep 15th, 2021 at 2.1110

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2022 at 4.1368

short term down The short-term trend has been DOWN since Jun 27th, 2022 at 4.1769

Smart Scan Analysis for HO.Q22

Based on our trend formula, HO.Q22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HO.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4296 3.4697 3.3774 3.4342 +0.0059
Prev. Close Volume Bid Ask Time
3.4283 1349 2022-07-07 03:19:05
Expiration2022-07-29Open Time09:00
Close Time14:30
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