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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.

NYMEX_HO.X21
Open High Low HO.X21 Price Change
2.5435 2.5607 2.5390 2.5607 +0.0218
Entry Signal

MarketClub’s Trade Triangles for HO.X21

long term up The long-term trend has been UP since Sep 16th, 2021 at 2.2084

intermediate term up The intermediate-term trend has been UP since Aug 29th, 2021 at 2.1157

short term down 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).

+85
Smart Scan Analysis for HO.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.5435 2.5607 2.5390 2.5607 +0.0218
Prev. Close Volume Bid Ask Time
2.5454 478 2021-10-25 03:32:36
Contract High2.2592Contract High Date2018-10-03
Contract Low1.8826Contract Low Date2018-11-28
First Delivery2021-11-29Expiration2021-10-29
Open Time09:00Close Time14:30
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