Spread Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
NEW YORK HARBOR ULSD Feb 2023/Jun 2023 Spread (NYMEX:HO.G23_M23)
Strong Downtrend (-100) - HO.G23_M23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HO.G23_M23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HO.G23_M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.G23_M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.G23_M23
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for HO.G23_M23
Based on our trend formula, HO.G23_M23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|