Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
NY HARBOR ULSD TAS JUNE 2020 (NYMEX:HOT.M20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HOT.M20
The long term trend has been UP since Nov 22nd, 2019 at 2
The intermediate term trend has been UP since Nov 22nd, 2019 at 2
The short term trend has been UP since Nov 22nd, 2019 at 1
Smart Scan Analysis for HOT.M20
Based on a pre-defined weighted trend formula for chart analysis, HOT.M20 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).