Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
NY HARBOR ULSD HEATING OIL Nov 2021 (NYMEX:HO.X21)
Countertrend Up (+85) - HO.X21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid HO.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.X21
The long-term trend has been UP since Sep 16th, 2021 at 2.2084
The intermediate-term trend has been UP since Aug 29th, 2021 at 2.1157
The short-term trend has been DOWN since Oct 22nd, 2021 at 2.5390
Smart Scan Analysis for HO.X21
Based on our trend formula, HO.X21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2592||Contract High Date||2018-10-03|
|Contract Low||1.8826||Contract Low Date||2018-11-28|
|Open Time||09:00||Close Time||14:30|