Future Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
NY HARBOR ULSD HEATING OIL Oct 2020 (NYMEX:HO.V20)
Strong Downtrend (-100) - HO.V20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for HO.V20
The long-term trend has been DOWN since Jan 24th, 2020 at 1.7609
The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9261
The short-term trend has been DOWN since Mar 27th, 2020 at 1.1778
Smart Scan Analysis for HO.V20
Based on our trend formula, HO.V20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.3567||Contract High Date||2018-10-03|
|Contract Low||1.891||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|