Heating Oil 4 Hour Price Update
Updated June 10, 2021 01:53 AM GMT (09:53 PM EST)
Heating Oil closed the last 4 hour candle up 0.2% ($0); this denotes the 2nd consecutive candle it has gone up. On a relative basis, the current 4 hour candle were pretty good: Heating Oil bested all 6 of the assets in the energy commodity class 🙂
Heating Oil Daily Price Recap
Heating Oil entered today at $2.1295, down 0.26% ($0.01) from yesterday. Out of the 6 instruments in the energy commodity asset class, Heating Oil ended up ranking 5th for the day in terms of price change relative to yesterday. Let’s take a look at the daily price chart of Heating Oil.
Heating Oil Technical Analysis
The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. Or to view things another way, note that out of the past 14 days Heating Oil’s price has gone up 9 them. Also, candlestick traders! Note we see pin bar pattern appearing here as well.