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Future Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

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

Sidelines Mode (+55) - HO.Z23 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.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
1.5750 1.5750 1.5750 1.5750 -0.0193
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 down The short-term trend has been DOWN since Jan 15th, 2021 at 1.5759

Smart Scan Analysis for HO.Z23

Based on our trend formula, HO.Z23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for HO.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5750 1.5750 1.5750 1.5750 -0.0193
Prev. Close Volume Bid Ask Time
1.5750 11 2021-01-15 10:22:54
Expiration2023-11-30Open Time09:00
Close Time14:30
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