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Future Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

NY HARBOR ULSD HEATING OIL Sep 2021 (NYMEX:HO.U21)

Countertrend Up (+85) - HO.U21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HO.U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.U21.

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

NYMEX_HO.U21
Open High Low HO.U21 Price Change
1.9920 2.0402 1.9914 2.0371 +0.0413
Entry Signal

MarketClub’s Trade Triangles for HO.U21

long term up The long-term trend has been UP since Nov 25th, 2020 at 1.4370

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 1.8467

short term down The short-term trend has been DOWN since May 13th, 2021 at 2.0107

Smart Scan Analysis for HO.U21

Based on our trend formula, HO.U21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9920 2.0402 1.9914 2.0371 +0.0413
Prev. Close Volume Bid Ask Time
2.0400 7465 2021-05-14 16:50:06
Contract High2.2743Contract High Date2018-10-03
Contract Low1.8925Contract Low Date2018-11-23
First Delivery2021-09-29Expiration2021-08-31
Open Time18:00Close Time17:00
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