Free Daily Analysis

Spread Trend Analysis Report

Prepared for you on Monday, January 17, 2022.

NEW YORK HARBOR ULSD Dec 2023/Jan 2024 Spread (NYMEX:HO.Z23_F24)

Long-Term Downtrend (-90) - HO.Z23_F24 is in a strong downtrend that is likely to continue. While HO.Z23_F24 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.Z23_F24?

MarketClub looks at technical strength and momentum to determine if the timing is right for HO.Z23_F24.

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

NYMEX_HO.Z23_F24
Open High Low HO.Z23_F24 Price Change
0.0056 0.0056 0.0056 0.0055 +0.0002
Entry Signal

MarketClub’s Trade Triangles for HO.Z23_F24

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.Z23_F24

Based on our trend formula, HO.Z23_F24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for HO.Z23_F24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0056 0.0056 0.0056 0.0055 +0.0002
Prev. Close Volume Bid Ask Time
0.0056 1 2022-01-13 12:57:58
Open Time09:00Close Time14:30
Get a free daily analysis and signals for NEW YORK HARBOR ULSD Dec 2023/Jan 2024 Spread (HO.Z23_F24) - Request Your Free Report.