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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

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

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.V20
Open High Low HO.V20 Price Change
1.9037 1.9103 1.9037 1.9011 +0.0239
Entry Signal

MarketClub’s Trade Triangles for HO.V20

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.9924

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 1.8277

short term up The short term trend has been UP since Dec 4th, 2019 at 1.8813

Smart Scan Analysis for HO.V20

Based on a pre-defined weighted trend formula for chart analysis, HO.V20 scored -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
1.9037 1.9103 1.9037 1.9011 +0.0239
Prev. Close Volume Bid Ask Time
1.9103 256 2019-12-06 10:04:44
Contract High2.3567Contract High Date2018-10-03
Contract Low1.891Contract Low Date2018-11-28
First Delivery2020-10-29Expiration2020-09-30
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Oct 2020 HO.V20 or another symbol? Try our Free Future Trend Analysis Report.