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Future Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

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

Strong Downtrend (-100) - HO.Z20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
1.1947 1.2051 1.1832 1.1838 -0.0234
Entry Signal

MarketClub’s Trade Triangles for HO.Z20

long term down The long-term trend has been DOWN since Jan 24th, 2020 at 1.7766

intermediate term down The intermediate-term trend has been DOWN since Jan 9th, 2020 at 1.9180

short term down The short-term trend has been DOWN since Mar 22nd, 2020 at 1.1267

Smart Scan Analysis for HO.Z20

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

-100
Smart Scan Analysis for HO.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1947 1.2051 1.1832 1.1838 -0.0234
Prev. Close Volume Bid Ask Time
1.5976 772 2020-03-30 06:52:14
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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