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Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Jan 2019 (E) (NYMEX:HRC.F19.E)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.

NYMEX_HRC.F19.E
Open High Low HRC.F19.E Price Change
813 813 813 809 -1
Entry Signal

MarketClub’s Trade Triangles for HRC.F19.E

long term up The long term trend has been UP since Nov 28th, 2017 at 620

intermediate term up The intermediate term trend has been UP since Jul 24th, 2018 at 805

short term up The short term trend has been UP since Aug 9th, 2018 at 791

Smart Scan Analysis for HRC.F19.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.F19.E scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+100
Smart Scan Analysis for HRC.F19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
813 813 813 809 -1
Prev. Close Volume Bid Ask Time
813 1 2018-08-20 17:22:47
Contract High855Contract High Date2018-05-31
Contract Low620Contract Low Date2017-11-21
Estimated Volume27Expiration2019-01-29
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Jan 2019 (E) HRC.F19.E or another symbol? Try our Free Future Trend Analysis Report.