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Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

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

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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
787 790 785 788 -2
Entry Signal

MarketClub’s Trade Triangles for HRC.H19.E

long term down The long term trend has been DOWN since Sep 12th, 2018 at 757

intermediate term up The intermediate term trend has been UP since Sep 21st, 2018 at 780

short term up The short term trend has been UP since Oct 11th, 2018 at 775

Smart Scan Analysis for HRC.H19.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.H19.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HRC.H19.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
787 790 785 788 -2
Prev. Close Volume Bid Ask Time
791 16 2018-10-17 11:14:29
Contract High840Contract High Date2018-05-31
Contract Low620Contract Low Date2017-11-21
Estimated Volume68Expiration2019-03-26
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.