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Spread Trend Analysis Report

Prepared for you on Monday, January 24, 2022.

NEW YORK HARBOR ULSD May 2022/Nov 2022 Spread (NYMEX:HO.K22_X22)

Long-Term Downtrend (-90) - HO.K22_X22 is in a strong downtrend that is likely to continue. While HO.K22_X22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HO.K22_X22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.K22_X22.

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

NYMEX_HO.K22_X22
Open High Low HO.K22_X22 Price Change
0.0537 0.0538 0.0536 0.0636 +0.0110
Entry Signal

MarketClub’s Trade Triangles for HO.K22_X22

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.K22_X22

Based on our trend formula, HO.K22_X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.K22_X22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0537 0.0538 0.0536 0.0636 +0.0110
Prev. Close Volume Bid Ask Time
0.0636 5 2022-01-11 17:28:46
Open Time18:00Close Time17:00
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