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Future Trend Analysis Report

Prepared for you on Friday, October 23, 2020.

NY HARBOR ULSD HEATING OIL Oct 2021 (NYMEX:HO.V21)

Bear Market Rally (-75) - HO.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.V21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HO.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.V21.

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

NYMEX_HO.V21
Open High Low HO.V21 Price Change
1.2715 1.2715 1.2715 1.2715 +0.0039
Entry Signal

MarketClub’s Trade Triangles for HO.V21

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.2977

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2020 at 1.2902

short term down The short-term trend has been DOWN since Oct 21st, 2020 at 1.2813

Smart Scan Analysis for HO.V21

Based on our trend formula, HO.V21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for HO.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2715 1.2715 1.2715 1.2715 +0.0039
Prev. Close Volume Bid Ask Time
1.2673 504 2020-10-22 17:28:39
Contract High2.2682Contract High Date2018-10-03
Contract Low1.8889Contract Low Date2018-11-23
First Delivery2021-10-28Expiration2021-09-30
Open Time09:00Close Time14:30
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