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Future Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Aug 2018 (E) (NYMEX:HRC.Q18.E)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.Q18.E
Open High Low HRC.Q18.E Price Change
903 905 898 902 -2
Entry Signal

MarketClub’s Trade Triangles for HRC.Q18.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 Jun 28th, 2018 at 899

short term up The short term trend has been UP since Aug 9th, 2018 at 898

Smart Scan Analysis for HRC.Q18.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.Q18.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for HRC.Q18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
903 905 898 902 -2
Prev. Close Volume Bid Ask Time
904 20 2018-08-17 17:22:45
Contract High930Contract High Date2018-06-11
Contract Low623Contract Low Date2017-11-30
Estimated Volume11Expiration2018-08-28
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Aug 2018 (E) HRC.Q18.E or another symbol? Try our Free Future Trend Analysis Report.