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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.

NYMEX_HO.U23_V23
Open High Low HO.U23_V23 Price Change
-0.0028 -0.0028 -0.0032 -0.0017 +0.0002
Entry Signal

MarketClub’s Trade Triangles for HO.U23_V23

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.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).

-90
Smart Scan Analysis for HO.U23_V23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0028 -0.0028 -0.0032 -0.0017 +0.0002
Prev. Close Volume Bid Ask Time
-0.0019 10 2021-12-01 17:28:51
Open Time18:00Close Time17:00
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