Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

NEW YORK HARBOR ULSD Dec 2020/Sep 2021 Spread (NYMEX:HO.Z20_U21)

Long-Term Downtrend (-90) - HO.Z20_U21 is in a strong downtrend that is likely to continue. While HO.Z20_U21 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_U21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z20_U21.

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

NYMEX_HO.Z20_U21
Open High Low HO.Z20_U21 Price Change
-0.1087 -0.1087 -0.1087 -0.1214 0.0000
Entry Signal

MarketClub’s Trade Triangles for HO.Z20_U21

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_U21

Based on our trend formula, HO.Z20_U21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.Z20_U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
-0.1087 -0.1087 -0.1087 -0.1214 0.0000
Prev. Close Volume Bid Ask Time
-0.1087 1 2020-03-27 03:58:41
Open Time18:00Close Time17:00
Get a free daily analysis and signals for NEW YORK HARBOR ULSD Dec 2020/Sep 2021 Spread (HO.Z20_U21) - Request Your Free Report.