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Future Trend Analysis Report

Prepared for you on Friday, October 22, 2021.

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

Bull Market Weakness (+75) - HO.Q22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.Q22 as it may be in the beginning stages of a reversal.

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
2.3882 2.3882 2.3669 2.3629 -0.0065
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 up The intermediate-term trend has been UP since Sep 1st, 2021 at 2.0540

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 2.3751

Smart Scan Analysis for HO.Q22

Based on our trend formula, HO.Q22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for HO.Q22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3882 2.3882 2.3669 2.3629 -0.0065
Prev. Close Volume Bid Ask Time
2.3730 316 2021-10-22 13:12:16
Expiration2022-07-29Open Time18:00
Close Time17:00
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