Future Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
DOMESTIC HOT-ROLLED COIL STEEL Dec 2017 (E) (NYMEX:HRC.Z17.E)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for HRC.Z17.E
The long term trend has been UP since Dec 11th, 2017 at 642
The intermediate term trend has been UP since Oct 18th, 2017 at 605
The short term trend has been UP since Nov 27th, 2017 at 626
Smart Scan Analysis for HRC.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, HRC.Z17.E scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||644||Contract High Date||2017-07-24|
|Contract Low||540||Contract Low Date||2016-11-09|
|Open Time||18:00||Close Time||17:00|