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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.
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MarketClub’s Trade Triangles for HO.M22_F23
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.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).
| 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 Time | 18:00 | Close Time | 17:00 |