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Future Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

NY HARBOR ULSD HEATING OIL Dec 2020 (NYMEX:HO.Z20)

Countertrend Up (+85) - HO.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid HO.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.Z20
Open High Low HO.Z20 Price Change
1.3072 1.3153 1.2973 1.3083 +0.0010
Entry Signal

MarketClub’s Trade Triangles for HO.Z20

long term up The long-term trend has been UP since Jul 21st, 2020 at 1.3087

intermediate term up The intermediate-term trend has been UP since May 17th, 2020 at 1.1024

short term down The short-term trend has been DOWN since Aug 14th, 2020 at 1.3005

Smart Scan Analysis for HO.Z20

Based on our trend formula, HO.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3072 1.3153 1.2973 1.3083 +0.0010
Prev. Close Volume Bid Ask Time
1.2109 3507 2020-08-14 07:42:48
Contract High2.3442Contract High Date2018-10-03
Contract Low1.8955Contract Low Date2018-11-28
First Delivery2020-12-30Expiration2020-11-30
Open Time09:00Close Time14:30
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