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Future Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Oct 2018 (E) (NYMEX:HRC.V18.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.V18.E
Open High Low HRC.V18.E Price Change
833 835 830 834 -1
Entry Signal

MarketClub’s Trade Triangles for HRC.V18.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 Sep 17th, 2018 at 839

short term up The short term trend has been UP since Oct 10th, 2018 at 828

Smart Scan Analysis for HRC.V18.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.V18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HRC.V18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
833 835 830 834 -1
Prev. Close Volume Bid Ask Time
830 13 2018-10-15 17:14:00
Contract High901Contract High Date2018-05-31
Contract Low620Contract Low Date2017-11-30
Estimated Volume16Expiration2018-10-30
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Oct 2018 (E) HRC.V18.E or another symbol? Try our Free Future Trend Analysis Report.