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Future Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

NY HARBOR ULSD HEATING OIL Sep 2020 (NYMEX:HO.U20)

Bear Market Rally (-75) - HO.U20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.U20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HO.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.U20.

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

NYMEX_HO.U20
Open High Low HO.U20 Price Change
1.1815 1.1857 1.1530 1.1531 -0.0288
Entry Signal

MarketClub’s Trade Triangles for HO.U20

long term down The long-term trend has been DOWN since Jan 26th, 2020 at 1.7483

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9264

short term down The short-term trend has been DOWN since Apr 9th, 2020 at 1.1746

Smart Scan Analysis for HO.U20

Based on our trend formula, HO.U20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for HO.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1815 1.1857 1.1530 1.1531 -0.0288
Prev. Close Volume Bid Ask Time
1.0950 518 2020-04-09 07:29:48
Contract High2.3652Contract High Date2018-10-03
Contract Low1.8905Contract Low Date2018-11-28
First Delivery2020-09-29Expiration2020-08-31
Open Time18:00Close Time17:00
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