Analyze Symbol

Future Trend Analysis Report

Prepared for you on Friday, October 18, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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
1.9361 1.9406 1.9254 1.9387 +0.0034
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 Oct 2nd, 2019 at 1.8603

short term up The short term trend has been UP since Oct 17th, 2019 at 1.9239

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
1.9361 1.9406 1.9254 1.9387 +0.0034
Prev. Close Volume Bid Ask Time
1.8840 3139 2019-10-18 06:39:35
Contract High2.43110000Contract High Date2018-10-03
Contract Low1.88050000Contract Low Date2018-11-28
First Delivery2019-12-30Expiration2019-11-29
Open Time09:00Close Time14:30
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