Spread Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
NEW YORK HARBOR ULSD Sep 2022/Apr 2023 Spread (NYMEX:HO.U22_J23)
Strong Downtrend (-100) - HO.U22_J23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, HO.U22_J23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HO.U22_J23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.U22_J23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.U22_J23
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.U22_J23
Based on our trend formula, HO.U22_J23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||09:00||Close Time||14:30|