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Future Trend Analysis Report

Prepared for you on Thursday, November 15, 2018.

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

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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.Z18.E
Open High Low HRC.Z18.E Price Change
796 796 789 789 -5
Entry Signal

MarketClub’s Trade Triangles for HRC.Z18.E

long term down The long term trend has been DOWN since Sep 4th, 2018 at 788

intermediate term down The intermediate term trend has been DOWN since Nov 9th, 2018 at 806

short term down The short term trend has been DOWN since Oct 31st, 2018 at 825

Smart Scan Analysis for HRC.Z18.E

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

-100
Smart Scan Analysis for HRC.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
796 796 789 789 -5
Prev. Close Volume Bid Ask Time
794 20 2018-11-15 15:24:41
Contract High880Contract High Date2018-05-31
Contract Low620Contract Low Date2017-11-30
Estimated Volume70Expiration2018-12-24
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.