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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.

NYMEX_HO.V20
Open High Low HO.V20 Price Change
1.1621 1.1674 1.1488 1.1495 -0.0252
Entry Signal

MarketClub’s Trade Triangles for HO.V20

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7609

intermediate term down The intermediate-term trend has been DOWN since Jan 8th, 2020 at 1.9261

short term down 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).

-100
Smart Scan Analysis for HO.V20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1621 1.1674 1.1488 1.1495 -0.0252
Prev. Close Volume Bid Ask Time
1.5793 165 2020-03-30 05:04:50
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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