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Future Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

DOMESTIC HOT-ROLLED COIL STEEL Jan 2020 (NYMEX:HRC.F20)

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.F20
Open High Low HRC.F20 Price Change
582 582 582 582 -1
Entry Signal

MarketClub’s Trade Triangles for HRC.F20

long term up The long term trend has been UP since Dec 2nd, 2019 at 580

intermediate term down The intermediate term trend has been DOWN since Jan 9th, 2020 at 579

short term up The short term trend has been UP since Jan 17th, 2020 at 585

Smart Scan Analysis for HRC.F20

Based on a pre-defined weighted trend formula for chart analysis, HRC.F20 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for HRC.F20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
582 582 582 582 -1
Prev. Close Volume Bid Ask Time
580 4 2020-01-24 14:22:36
Expiration2020-01-28Open Time18:00
Close Time17:00
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