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Future Trend Analysis Report

Prepared for you on Thursday, October 19, 2017.

DOMESTIC HOT-ROLLED COIL STEEL Dec 2017 (E) (NYMEX:HRC.Z17.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.Z17.E
Open High Low HRC.Z17.E Price Change
595 600 595 610 +11
Entry Signal

MarketClub’s Trade Triangles for HRC.Z17.E

long term down The long term trend has been DOWN since Oct 10th, 2017 at 593

intermediate term down The intermediate term trend has been DOWN since Sep 13th, 2017 at 630

short term up The short term trend has been UP since Oct 13th, 2017 at 596

Smart Scan Analysis for HRC.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.Z17.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HRC.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
595 600 595 610 +11
Prev. Close Volume Bid Ask Time
602 0 2017-10-17 17:44:26
Contract High644Contract High Date2017-07-24
Contract Low540Contract Low Date2016-11-09
Estimated Volume4Expiration2017-12-26
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Dec 2017 (E) HRC.Z17.E or another symbol? Try our Free Future Trend Analysis Report.