Future Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
NY HARBOR ULSD HEATING OIL Dec 2022 (NYMEX:HO.Z22)
Long-Term Uptrend (+90) - HO.Z22 is in a strong uptrend that is likely to continue. While HO.Z22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for HO.Z22
The long-term trend has been UP since Dec 16th, 2020 at 1.5100
The intermediate-term trend has been UP since Nov 4th, 2020 at 1.3761
The short-term trend has been UP since Feb 1st, 2021 at 1.6198
Smart Scan Analysis for HO.Z22
Based on our trend formula, HO.Z22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).