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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

NY HARBOR ULSD HEATING OIL Nov 2020 (NYMEX:HO.X20)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.X20
Open High Low HO.X20 Price Change
1.8770 1.8770 1.8770 1.9012 -0.0082
Entry Signal

MarketClub’s Trade Triangles for HO.X20

long term up The long term trend has been UP since Nov 26th, 2019 at 1.9000

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2019 at 1.8260

short term up The short term trend has been UP since Dec 5th, 2019 at 1.8815

Smart Scan Analysis for HO.X20

Based on a pre-defined weighted trend formula for chart analysis, HO.X20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for HO.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8770 1.8770 1.8770 1.9012 -0.0082
Prev. Close Volume Bid Ask Time
1.9027 1 2019-12-06 08:58:14
Contract High2.3497Contract High Date2018-10-03
Contract Low1.8931Contract Low Date2018-11-28
First Delivery2020-11-27Expiration2020-10-30
Open Time09:00Close Time14:30
Want to analyze NY HARBOR ULSD HEATING OIL Nov 2020 HO.X20 or another symbol? Try our Free Future Trend Analysis Report.