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Future Trend Analysis Report

Prepared for you on Friday, July 19, 2019.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.Z20
Open High Low HO.Z20 Price Change
1.8660 1.8688 1.8619 1.8688 +0.0176
Entry Signal

MarketClub’s Trade Triangles for HO.Z20

long term down The long term trend has been DOWN since May 23rd, 2019 at 1.9311

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 1.8736

short term down The short term trend has been DOWN since Jul 16th, 2019 at 1.9439

Smart Scan Analysis for HO.Z20

Based on a pre-defined weighted trend formula for chart analysis, HO.Z20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for HO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8660 1.8688 1.8619 1.8688 +0.0176
Prev. Close Volume Bid Ask Time
1.9667 556 2019-07-19 13:53:03
Contract High2.3442Contract High Date2018-10-03
Contract Low1.8955Contract Low Date2018-11-28
First Delivery2020-12-30Expiration2020-11-30
Open Time18:00Close Time17:00
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