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Future Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

NY HARBOR ULSD HEATING OIL Oct 2020 (NYMEX:HO.V20)

Sidelines Mode (+55) - HO.V20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.V20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.V20.

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

NYMEX_HO.V20
Open High Low HO.V20 Price Change
1.2639 1.2741 1.2529 1.2576 -0.0057
Entry Signal

MarketClub’s Trade Triangles for HO.V20

long term up The long-term trend has been UP since Jul 21st, 2020 at 1.2792

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 1.0569

short term down The short-term trend has been DOWN since Aug 14th, 2020 at 1.2603

Smart Scan Analysis for HO.V20

Based on our trend formula, HO.V20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HO.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2639 1.2741 1.2529 1.2576 -0.0057
Prev. Close Volume Bid Ask Time
1.1777 2439 2020-08-14 06:10:11
Contract High2.3567Contract High Date2018-10-03
Contract Low1.891Contract Low Date2018-11-28
First Delivery2020-10-29Expiration2020-09-30
Open Time18:00Close Time17:00
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