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Spread Trend Analysis Report

Prepared for you on Monday, August 8, 2022.

NEW YORK HARBOR ULSD Aug 2022/Dec 2023 Spread (NYMEX:HO.Q22_Z23)

Strong Downtrend (-100) - HO.Q22_Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HO.Q22_Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HO.Q22_Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q22_Z23.

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

NYMEX_HO.Q22_Z23
Open High Low HO.Q22_Z23 Price Change
0.7197 0.7197 0.7197 0.7396 -0.0369
Entry Signal

MarketClub’s Trade Triangles for HO.Q22_Z23

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_Z23

Based on our trend formula, HO.Q22_Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HO.Q22_Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7197 0.7197 0.7197 0.7396 -0.0369
Prev. Close Volume Bid Ask Time
0.7197 3 2022-07-28 17:28:42
Open Time09:00Close Time14:30
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