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Future Trend Analysis Report

Prepared for you on Wednesday, June 20, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Sep 2018 (E) (NYMEX:HRC.U18.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.U18.E
Open High Low HRC.U18.E Price Change
889 891 885 890 -1
Entry Signal

MarketClub’s Trade Triangles for HRC.U18.E

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

intermediate term up The intermediate term trend has been UP since Apr 30th, 2018 at 794

short term down The short term trend has been DOWN since Jun 13th, 2018 at 887

Smart Scan Analysis for HRC.U18.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.U18.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for HRC.U18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
889 891 885 890 -1
Prev. Close Volume Bid Ask Time
890 30 2018-06-19 17:26:38
Contract High913Contract High Date2018-05-31
Contract Low625Contract Low Date2017-11-21
Estimated Volume21Expiration2018-09-25
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Sep 2018 (E) HRC.U18.E or another symbol? Try our Free Future Trend Analysis Report.