Future Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
NY HARBOR ULSD HEATING OIL Nov 2020 (NYMEX:HO.X20)
Crossroads (+60) - HO.X20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid HO.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.X20
The long-term trend has been DOWN since Jan 27th, 2020 at 1.7510
The intermediate-term trend has been UP since May 18th, 2020 at 1.0761
The short-term trend has been UP since Jul 15th, 2020 at 1.2757
Smart Scan Analysis for HO.X20
Based on our trend formula, HO.X20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.3497||Contract High Date||2018-10-03|
|Contract Low||1.8931||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|