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Future Trend Analysis Report

Prepared for you on Friday, April 20, 2018.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.N18.E
Open High Low HRC.N18.E Price Change
788 800 788 800 +15
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 Mar 28th, 2018 at 800

short term down The short term trend has been DOWN since Apr 12th, 2018 at 795

Smart Scan Analysis for HRC.N18.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.N18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HRC.N18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
788 800 788 800 +15
Prev. Close Volume Bid Ask Time
785 16 2018-04-20 15:58:31
Contract High878Contract High Date2018-03-07
Contract Low605Contract Low Date2017-10-10
Estimated Volume363Expiration2018-07-24
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.