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Spread Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

NEW YORK HARBOR ULSD Dec 2020/Jan 2021 Spread (NYMEX:HO.Z20_F21)

Long-Term Downtrend (-90) - HO.Z20_F21 is in a strong downtrend that is likely to continue. While HO.Z20_F21 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.Z20_F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z20_F21.

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

NYMEX_HO.Z20_F21
Open High Low HO.Z20_F21 Price Change
-0.0114 -0.0085 -0.0114 -0.0088 +0.0013
Entry Signal

MarketClub’s Trade Triangles for HO.Z20_F21

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.Z20_F21

Based on our trend formula, HO.Z20_F21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.Z20_F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.0114 -0.0085 -0.0114 -0.0088 +0.0013
Prev. Close Volume Bid Ask Time
0.0017 2089 2020-02-28 14:08:20
Open Time09:00Close Time14:30
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