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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

NY HARBOR ULSD HEATING OIL Dec 2022 (NYMEX:HO.Z22)

Sidelines Mode (+55) - HO.Z22 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.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z22.

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

NYMEX_HO.Z22
Open High Low HO.Z22 Price Change
1.4650 1.4804 1.4650 1.4800 +0.0164
Entry Signal

MarketClub’s Trade Triangles for HO.Z22

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.3900

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 1.3761

short term down The short-term trend has been DOWN since Dec 1st, 2020 at 1.4750

Smart Scan Analysis for HO.Z22

Based on our trend formula, HO.Z22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HO.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4650 1.4804 1.4650 1.4800 +0.0164
Prev. Close Volume Bid Ask Time
1.3765 454 2020-12-02 17:28:55
Expiration2022-11-30Open Time09:00
Close Time14:30
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