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Future Trend Analysis Report

Prepared for you on Sunday, October 24, 2021.

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

Countertrend Up (+85) - HO.Z22 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.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
2.3625 2.3628 2.3295 2.3365 -0.0184
Entry Signal

MarketClub’s Trade Triangles for HO.Z22

long term up The long-term trend has been UP since Sep 15th, 2021 at 2.1152

intermediate term up The intermediate-term trend has been UP since Sep 2nd, 2021 at 2.0600

short term down The short-term trend has been DOWN since Oct 21st, 2021 at 2.3411

Smart Scan Analysis for HO.Z22

Based on our trend formula, HO.Z22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for HO.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.3625 2.3628 2.3295 2.3365 -0.0184
Prev. Close Volume Bid Ask Time
2.3416 912 2021-10-22 14:31:02
Expiration2022-11-30Open Time09:00
Close Time14:30
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