Spread Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
NEW YORK HARBOR ULSD Oct 2020/Nov 2020 Spread (NYMEX:HO.V20_X20)
Bear Market Rally (-75) - HO.V20_X20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.V20_X20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HO.V20_X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.V20_X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.V20_X20
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.V20_X20
Based on our trend formula, HO.V20_X20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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