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Future Trend Analysis Report

Prepared for you on Saturday, July 21, 2018.

DOMESTIC HOT-ROLLED COIL STEEL Dec 2018 (E) (NYMEX:HRC.Z18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.Z18.E
Open High Low HRC.Z18.E Price Change
800 804 795 800 0
Entry Signal

MarketClub’s Trade Triangles for HRC.Z18.E

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

intermediate term down The intermediate term trend has been DOWN since Jul 5th, 2018 at 809

short term down The short term trend has been DOWN since Jul 19th, 2018 at 808

Smart Scan Analysis for HRC.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, HRC.Z18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for HRC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
800 804 795 800 0
Prev. Close Volume Bid Ask Time
800 68 2018-07-20 17:16:55
Contract High880Contract High Date2018-05-31
Contract Low620Contract Low Date2017-11-30
Estimated Volume89Expiration2018-12-24
Open Time18:00Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Dec 2018 (E) HRC.Z18.E or another symbol? Try our Free Future Trend Analysis Report.