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Future Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

NY HARBOR ULSD HEATING OIL Sep 2019 (NYMEX:HO.U19)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HO.U19
Open High Low HO.U19 Price Change
1.9764 1.9982 1.9552 1.9982 +0.0253
Entry Signal

MarketClub’s Trade Triangles for HO.U19

long term up The long term trend has been UP since Apr 5th, 2019 at 2.0571

intermediate term down The intermediate term trend has been DOWN since May 5th, 2019 at 2.0493

short term down The short term trend has been DOWN since May 20th, 2019 at 2.0984

Smart Scan Analysis for HO.U19

Based on a pre-defined weighted trend formula for chart analysis, HO.U19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HO.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9764 1.9982 1.9552 1.9982 +0.0253
Prev. Close Volume Bid Ask Time
2.0330 13113 2019-05-24 16:54:24
Contract High2.4209Contract High Date2018-10-03
Contract Low1.8523Contract Low Date2018-11-28
First Delivery2019-09-27Expiration2019-08-30
Open Time18:00Close Time17:00
Want to analyze NY HARBOR ULSD HEATING OIL Sep 2019 HO.U19 or another symbol? Try our Free Future Trend Analysis Report.