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Future Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

NY HARBOR ULSD HEATING OIL Dec 2021 (NYMEX:HO.Z21)

Sidelines Mode (-55) - HO.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HO.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z21.

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

NYMEX_HO.Z21
Open High Low HO.Z21 Price Change
1.3150 1.3839 1.3150 1.3839 +0.0689
Entry Signal

MarketClub’s Trade Triangles for HO.Z21

long term down The long-term trend has been DOWN since Jan 22nd, 2020 at 1.7750

intermediate term down The intermediate-term trend has been DOWN since Feb 26th, 2020 at 1.6613

short term up The short-term trend has been UP since Apr 2nd, 2020 at 1.3320

Smart Scan Analysis for HO.Z21

Based on our trend formula, HO.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for HO.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3150 1.3839 1.3150 1.3839 +0.0689
Prev. Close Volume Bid Ask Time
1.3032 2391 2020-04-03 16:24:53
Contract High2.2492Contract High Date2018-10-03
Contract Low1.8855Contract Low Date2018-11-28
First Delivery2021-12-30Expiration2021-11-30
Open Time18:00Close Time17:00
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