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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.

NYMEX_HO.X20
Open High Low HO.X20 Price Change
1.2835 1.2838 1.2727 1.2743 -0.0072
Entry Signal

MarketClub’s Trade Triangles for HO.X20

long term down The long-term trend has been DOWN since Jan 27th, 2020 at 1.7510

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 1.0761

short term up 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).

+60
Smart Scan Analysis for HO.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2835 1.2838 1.2727 1.2743 -0.0072
Prev. Close Volume Bid Ask Time
1.1972 1780 2020-07-16 09:33:11
Contract High2.3497Contract High Date2018-10-03
Contract Low1.8931Contract Low Date2018-11-28
First Delivery2020-11-27Expiration2020-10-30
Open Time18:00Close Time17:00
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