Heating Oil future - HO - Elliottwave analysis- ABC zigzag down NY HARBOR ULSD FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) NYMEX:HO1! cyclewave Heating oil futures - HO - It dropped in impulse wave A down and expected to corrective up move as wave B, which might end between 1.236-1.258. So wait for B to finish in choppy price action. Thereafter C wave will expected to go down. Give thumbs up if you really like the trade idea.