Future Trend Analysis Report
Prepared for you on Wednesday, January 24, 2018.
DOMESTIC HOT-ROLLED COIL STEEL Jan 2018 (E) (NYMEX:HRC.F18.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for HRC.F18.E
The long term trend has been UP since Oct 13th, 2016 at 443
The intermediate term trend has been UP since Oct 19th, 2017 at 615
The short term trend has been UP since Jan 8th, 2018 at 662
Smart Scan Analysis for HRC.F18.E
Based on a pre-defined weighted trend formula for chart analysis, HRC.F18.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||679||Contract High Date||2018-01-22|
|Contract Low||679||Contract Low Date||2018-01-22|
|Open Time||18:00||Close Time||17:00|