Free Daily Analysis

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.

NYMEX_HO.X23
Open High Low HO.X23 Price Change
3.2204 3.2276 3.2050 3.2098 -0.0151
Entry Signal

MarketClub’s Trade Triangles for HO.X23

long term up The long-term trend has been UP since Jul 20th, 2023 at 2.6450

intermediate term up The intermediate-term trend has been UP since Jun 15th, 2023 at 2.4190

short term down 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).

+65
Smart Scan Analysis for HO.X23
Strong Downtrend Sideways 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
Expiration2023-10-31Open Time18:00
Close Time17:00
Get a free daily analysis and signals for NY HARBOR ULSD HEATING OIL Nov 2023 (HO.X23) - Request Your Free Report.