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Future Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

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

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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
1.8285 1.8489 1.8247 1.8455 +0.0205
Entry Signal

MarketClub’s Trade Triangles for HO.Z19

long term down The long term trend has been DOWN since May 31st, 2019 at 1.9130

intermediate term down The intermediate term trend has been DOWN since Jul 19th, 2019 at 1.8955

short term up The short term trend has been UP since Aug 19th, 2019 at 1.8432

Smart Scan Analysis for HO.Z19

Based on a pre-defined weighted trend formula for chart analysis, HO.Z19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HO.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8285 1.8489 1.8247 1.8455 +0.0205
Prev. Close Volume Bid Ask Time
2.0197 9570 2019-08-19 16:59:06
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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