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Future Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
NY HARBOR ULSD HEATING OIL Nov 2023 (NYMEX:HO.X23)
Weak Uptrend (+65) - HO.X23 is showing signs of weakening momentum to the upside. Monitor HO.X23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid HO.X23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.X23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for HO.X23
The long-term trend has been UP since Jul 20th, 2023 at 2.6450
The intermediate-term trend has been UP since Jun 15th, 2023 at 2.4190
The short-term trend has been DOWN since Oct 2nd, 2023 at 3.2694
Smart Scan Analysis for HO.X23
Based on our trend formula, HO.X23 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2204 | 3.2276 | 3.2050 | 3.2098 | -0.0151 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.2249 | 366 | 2023-10-03 00:20:01 |
| Expiration | 2023-10-31 | Open Time | 18:00 |
| Close Time | 17:00 |