Spread Trend Analysis Report
Prepared for you on Thursday, December 2, 2021.
NEW YORK HARBOR ULSD Aug 2023/Sep 2023 Spread (NYMEX:HO.Q23_U23)
Long-Term Downtrend (-90) - HO.Q23_U23 is in a strong downtrend that is likely to continue. While HO.Q23_U23 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.Q23_U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Q23_U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.Q23_U23
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.Q23_U23
Based on our trend formula, HO.Q23_U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||09:00||Close Time||14:30|