Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
NY HARBOR ULSD HEATING OIL Dec 2021 (NYMEX:HO.Z21)
Bull Market Weakness (+75) - HO.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on HO.Z21 as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for HO.Z21
The long-term trend has been UP since Sep 17th, 2021 at 2.2057
The intermediate-term trend has been UP since Aug 29th, 2021 at 2.1113
The short-term trend has been DOWN since Oct 18th, 2021 at 2.5477
Smart Scan Analysis for HO.Z21
Based on our trend formula, HO.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2.2492||Contract High Date||2018-10-03|
|Contract Low||1.8855||Contract Low Date||2018-11-28|
|Open Time||09:00||Close Time||14:30|