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Spread Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

NEW YORK HARBOR ULSD Aug 2022/Oct 2022 Spread (NYMEX:HO.Q22_V22)

Long-Term Downtrend (-90) - HO.Q22_V22 is in a strong downtrend that is likely to continue. While HO.Q22_V22 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.Q22_V22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q22_V22.

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

NYMEX_HO.Q22_V22
Open High Low HO.Q22_V22 Price Change
-0.0019 -0.0019 -0.0019 -0.0019 +0.0003
Entry Signal

MarketClub’s Trade Triangles for HO.Q22_V22

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.Q22_V22

Based on our trend formula, HO.Q22_V22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.Q22_V22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0019 -0.0019 -0.0019 -0.0019 +0.0003
Prev. Close Volume Bid Ask Time
-0.0022 6 2021-11-30 03:05:23
Open Time18:00Close Time17:00
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