Spread Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
NEW YORK HARBOR ULSD Dec 2021/Jun 2022 Spread (NYMEX:HO.Z21_M22)
Bear Market Rally (-75) - HO.Z21_M22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on HO.Z21_M22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid HO.Z21_M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z21_M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for HO.Z21_M22
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.Z21_M22
Based on our trend formula, HO.Z21_M22 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Open Time||18:00||Close Time||17:00|