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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.

NYMEX_HRC.Z17.E
Open High Low HRC.Z17.E Price Change
640 650 640 641 +6
Entry Signal

MarketClub’s Trade Triangles for HRC.Z17.E

long term up The long term trend has been UP since Dec 11th, 2017 at 642

intermediate term up The intermediate term trend has been UP since Oct 18th, 2017 at 605

short term up 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).

+90
Smart Scan Analysis for HRC.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
640 650 640 641 +6
Prev. Close Volume Bid Ask Time
635 40 2017-12-11 10:04:10
Contract High644Contract High Date2017-07-24
Contract Low540Contract Low Date2016-11-09
Estimated Volume20Expiration2017-12-26
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.