Spread Trend Analysis Report
Prepared for you on Sunday, December 5, 2021.
NEW YORK HARBOR ULSD Sep 2023/Oct 2023 Spread (NYMEX:HO.U23_V23)
Long-Term Downtrend (-90) - HO.U23_V23 is in a strong downtrend that is likely to continue. While HO.U23_V23 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.U23_V23?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.U23_V23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.U23_V23
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.U23_V23
Based on our trend formula, HO.U23_V23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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