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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

NY HARBOR ULSD HEATING OIL Oct 2022 (NYMEX:HO.V22)

Long-Term Uptrend (+90) - HO.V22 is in a strong uptrend that is likely to continue. While HO.V22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid HO.V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.V22.

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

NYMEX_HO.V22
Open High Low HO.V22 Price Change
1.7791 1.7791 1.7791 1.7615 +0.0036
Entry Signal

MarketClub’s Trade Triangles for HO.V22

long term up The long-term trend has been UP since Dec 1st, 2020 at 1.4175

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2020 at 1.3555

short term up The short-term trend has been UP since Feb 17th, 2021 at 1.7275

Smart Scan Analysis for HO.V22

Based on our trend formula, HO.V22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for HO.V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7791 1.7791 1.7791 1.7615 +0.0036
Prev. Close Volume Bid Ask Time
1.7775 142 2021-03-01 09:50:07
Expiration2022-09-30Open Time18:00
Close Time17:00
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