Spread Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
NEW YORK HARBOR ULSD Apr 2022/Aug 2022 Spread (NYMEX:HO.J22_Q22)
Bear Market Rally (-75) - HO.J22_Q22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.J22_Q22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HO.J22_Q22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.J22_Q22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.J22_Q22
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.J22_Q22
Based on our trend formula, HO.J22_Q22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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