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Future Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

NY HARBOR ULSD HEATING OIL Nov 2022 (NYMEX:HO.X22)

Weak Downtrend (-65) - HO.X22 is showing signs of a strengthening downtrend. Monitor HO.X22 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid HO.X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.X22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.X22
Open High Low HO.X22 Price Change
3.4016 3.4775 3.3777 3.4008 +0.0120
Entry Signal

MarketClub’s Trade Triangles for HO.X22

long term up The long-term trend has been UP since Sep 15th, 2021 at 2.0835

intermediate term down The intermediate-term trend has been DOWN since Jun 28th, 2022 at 3.8749

short term down The short-term trend has been DOWN since Jun 17th, 2022 at 3.9627

Smart Scan Analysis for HO.X22

Based on our trend formula, HO.X22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for HO.X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.4016 3.4775 3.3777 3.4008 +0.0120
Prev. Close Volume Bid Ask Time
3.3888 616 2022-07-06 06:04:42
Expiration2022-10-31Open Time18:00
Close Time17:00
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