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Future Trend Analysis Report

Prepared for you on Tuesday, July 16, 2019.

NY HARBOR ULSD HEATING OIL Nov 2019 (NYMEX:HO.X19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.X19
Open High Low HO.X19 Price Change
1.9743 1.9940 1.9172 1.9174 -0.0561
Entry Signal

MarketClub’s Trade Triangles for HO.X19

long term down The long term trend has been DOWN since May 31st, 2019 at 1.9129

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 1.9559

short term down The short term trend has been DOWN since Jul 15th, 2019 at 1.9889

Smart Scan Analysis for HO.X19

Based on a pre-defined weighted trend formula for chart analysis, HO.X19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HO.X19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9743 1.9940 1.9172 1.9174 -0.0561
Prev. Close Volume Bid Ask Time
2.0151 8817 2019-07-16 14:16:03
Contract High2.4287Contract High Date2018-10-03
Contract Low1.8727Contract Low Date2018-11-28
First Delivery2019-11-27Expiration2019-10-31
Open Time18:00Close Time17:00
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