Analyze Symbol

Future Trend Analysis Report

Prepared for you on Tuesday, August 21, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Mar 2019 (E) (NYMEX:HRC.H19.E)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.

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.H19.E
Open High Low HRC.H19.E Price Change
790 793 790 793 +6
Entry Signal

MarketClub’s Trade Triangles for HRC.H19.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 18th, 2018 at 787

short term down The short term trend has been DOWN since Aug 20th, 2018 at 786

Smart Scan Analysis for HRC.H19.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.H19.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for HRC.H19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
790 793 790 793 +6
Prev. Close Volume Bid Ask Time
787 21 2018-08-21 10:52:54
Contract High840Contract High Date2018-05-31
Contract Low620Contract Low Date2017-11-21
Estimated Volume41Expiration2019-03-26
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Mar 2019 (E) HRC.H19.E or another symbol? Try our Free Future Trend Analysis Report.