Spread Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
NEW YORK HARBOR ULSD Jun 2022/Nov 2022 Spread (NYMEX:HO.M22_X22)
Long-Term Downtrend (-90) - HO.M22_X22 is in a strong downtrend that is likely to continue. While HO.M22_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.M22_X22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.M22_X22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.M22_X22
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_X22
Based on our trend formula, HO.M22_X22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||09:00||Close Time||14:30|