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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

NY HARBOR ULSD HEATING OIL Dec 2019 (NYMEX:HO.Z19)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYMEX_HO.Z19
Open High Low HO.Z19 Price Change
1.9552 1.9595 1.8740 1.8789 -0.0742
Entry Signal

MarketClub’s Trade Triangles for HO.Z19

long term up The long term trend has been UP since Sep 15th, 2019 at 2.0180

intermediate term down The intermediate term trend has been DOWN since Nov 8th, 2019 at 1.8729

short term down The short term trend has been DOWN since Nov 29th, 2019 at 1.9480

Smart Scan Analysis for HO.Z19

Based on a pre-defined weighted trend formula for chart analysis, HO.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for HO.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9552 1.9595 1.8740 1.8789 -0.0742
Prev. Close Volume Bid Ask Time
1.8771 2827 2019-11-29 13:27:52
Contract High2.4311Contract High Date2018-10-03
Contract Low1.8805Contract Low Date2018-11-28
First Delivery2019-12-30Expiration2019-11-29
Open Time09:00Close Time14:30
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