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Spread Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

NEW YORK HARBOR ULSD Sep 2022/Jan 2023 Spread (NYMEX:HO.U22_F23)

Long-Term Downtrend (-90) - HO.U22_F23 is in a strong downtrend that is likely to continue. While HO.U22_F23 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.U22_F23?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.U22_F23.

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

NYMEX_HO.U22_F23
Open High Low HO.U22_F23 Price Change
0.2730 0.2730 0.2563 0.2455 +0.0088
Entry Signal

MarketClub’s Trade Triangles for HO.U22_F23

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.U22_F23

Based on our trend formula, HO.U22_F23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.U22_F23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.2730 0.2730 0.2563 0.2455 +0.0088
Prev. Close Volume Bid Ask Time
0.2455 2 2022-05-20 10:07:24
Open Time09:00Close Time14:30
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