Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Wednesday, May 25, 2022.

NEW YORK HARBOR ULSD Jun 2022/Jan 2023 Spread (NYMEX:HO.M22_F23)

Strong Downtrend (-100) - HO.M22_F23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HO.M22_F23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HO.M22_F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.M22_F23.

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

NYMEX_HO.M22_F23
Open High Low HO.M22_F23 Price Change
0.5376 0.5376 0.5018 0.5006 +0.0012
Entry Signal

MarketClub’s Trade Triangles for HO.M22_F23

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.M22_F23

Based on our trend formula, HO.M22_F23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HO.M22_F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5376 0.5376 0.5018 0.5006 +0.0012
Prev. Close Volume Bid Ask Time
0.5020 7 2022-05-24 17:28:52
Open Time18:00Close Time17:00
Get a free daily analysis and signals for NEW YORK HARBOR ULSD Jun 2022/Jan 2023 Spread (HO.M22_F23) - Request Your Free Report.