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Future Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

NY HARBOR ULSD HEATING OIL Dec 2023 (NYMEX:HO.Z23)

Countertrend Up (+85) - HO.Z23 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.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z23.

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

NYMEX_HO.Z23
Open High Low HO.Z23 Price Change
1.7940 1.7940 1.7940 1.8368 0.0000
Entry Signal

MarketClub’s Trade Triangles for HO.Z23

long term up The long-term trend has been UP since Nov 5th, 2020 at 1.4015

intermediate term up The intermediate-term trend has been UP since Dec 17th, 2020 at 1.5435

short term up The short-term trend has been UP since Apr 8th, 2021 at 1.7870

Smart Scan Analysis for HO.Z23

Based on our trend formula, HO.Z23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for HO.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.7940 1.7940 1.7940 1.8368 0.0000
Prev. Close Volume Bid Ask Time
1.8373 9 2021-04-09 14:27:20
Expiration2023-11-30Open Time09:00
Close Time14:30
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