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Future Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

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

Countertrend Up (+85) - HO.Z21 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.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
1.9936 2.0220 1.9820 2.0169 +0.0139
Entry Signal

MarketClub’s Trade Triangles for HO.Z21

long term up The long-term trend has been UP since Dec 3rd, 2020 at 1.4618

intermediate term up The intermediate-term trend has been UP since Apr 12th, 2021 at 1.8537

short term down The short-term trend has been DOWN since May 7th, 2021 at 1.9892

Smart Scan Analysis for HO.Z21

Based on our trend formula, HO.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.9936 2.0220 1.9820 2.0169 +0.0139
Prev. Close Volume Bid Ask Time
2.0030 14246 2021-05-07 16:58:34
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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