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Future Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Jul 2018 (E) (NYMEX:HRC.N18.E)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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.N18.E
Open High Low HRC.N18.E Price Change
912 915 912 919 0
Entry Signal

MarketClub’s Trade Triangles for HRC.N18.E

long term up The long term trend has been UP since Oct 13th, 2016 at 443

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 902

short term up The short term trend has been UP since Jul 17th, 2018 at 919

Smart Scan Analysis for HRC.N18.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.N18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for HRC.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
912 915 912 919 0
Prev. Close Volume Bid Ask Time
910 48 2018-07-18 14:48:20
Contract High943Contract High Date2018-05-31
Contract Low605Contract Low Date2017-10-10
Estimated Volume29Expiration2018-07-24
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Jul 2018 (E) HRC.N18.E or another symbol? Try our Free Future Trend Analysis Report.