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Spread Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

NEW YORK HARBOR ULSD May 2020/Jul 2020 Spread (NYMEX:HO.K20_N20)

Bear Market Rally (-75) - HO.K20_N20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.K20_N20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid HO.K20_N20?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K20_N20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HO.K20_N20
Open High Low HO.K20_N20 Price Change
-0.0024 -0.0024 -0.0025 -0.0025 -0.0008
Entry Signal

MarketClub’s Trade Triangles for HO.K20_N20

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for HO.K20_N20

Based on our trend formula, HO.K20_N20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for HO.K20_N20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0024 -0.0024 -0.0025 -0.0025 -0.0008
Prev. Close Volume Bid Ask Time
0.0090 5 2020-02-23 18:30:53
Open Time09:00Close Time14:30
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