Spread Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
NEW YORK HARBOR ULSD Apr 2023/May 2023 Spread (NYMEX:HO.J23_K23)
Weak Downtrend (-65) - HO.J23_K23 is showing signs of a strengthening downtrend. Monitor HO.J23_K23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid HO.J23_K23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.J23_K23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.J23_K23
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.J23_K23
Based on our trend formula, HO.J23_K23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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