Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
NY HARBOR ULSD TAS Sep 2021 (NYMEX:HOT.U21)
Long-Term Downtrend (-90) - HOT.U21 is in a strong downtrend that is likely to continue. While HOT.U21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HOT.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for HOT.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HOT.U21
The long-term trend has been DOWN since Mar 26th, 2021 at -1
The intermediate-term trend has been DOWN since Apr 29th, 2021 at -2
The short-term trend has been DOWN since Apr 23rd, 2021 at 1
Smart Scan Analysis for HOT.U21
Based on our trend formula, HOT.U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).