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.
MarketClub’s Trade Triangles for HO.Z20
The long-term trend has been DOWN since Jan 24th, 2020 at 1.7766
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 1.9180
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).
|Contract High||2.3442||Contract High Date||2018-10-03|
|Contract Low||1.8955||Contract Low Date||2018-11-28|
|Open Time||18:00||Close Time||17:00|