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Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

NY HARBOR ULSD HEATING OIL Oct 2023 (NYMEX:HO.V23)

Sidelines Mode (-55) - HO.V23 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.V23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.V23.

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

NYMEX_HO.V23
Open High Low HO.V23 Price Change
2.3218 2.3218 2.3218 2.3562 -0.0101
Entry Signal

MarketClub’s Trade Triangles for HO.V23

long term up The long-term trend has been UP since Sep 29th, 2021 at 1.9841

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 2.3221

short term up The short-term trend has been UP since Dec 23rd, 2021 at 2.1350

Smart Scan Analysis for HO.V23

Based on our trend formula, HO.V23 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HO.V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3218 2.3218 2.3218 2.3562 -0.0101
Prev. Close Volume Bid Ask Time
2.3218 3 2022-01-24 16:38:31
Expiration2023-09-29Open Time18:00
Close Time17:00
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