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Future Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

DOMESTIC HOT-ROLLED COIL STEEL Dec 2019 (NYMEX:HRC.Z19)

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.Z19
Open High Low HRC.Z19 Price Change
565 565 563 563 -2
Entry Signal

MarketClub’s Trade Triangles for HRC.Z19

long term up The long term trend has been UP since Dec 2nd, 2019 at 560

intermediate term up The intermediate term trend has been UP since Oct 24th, 2019 at 521

short term up The short term trend has been UP since Nov 25th, 2019 at 543

Smart Scan Analysis for HRC.Z19

Based on a pre-defined weighted trend formula for chart analysis, HRC.Z19 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for HRC.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
565 565 563 563 -2
Prev. Close Volume Bid Ask Time
563 3 2019-12-06 13:40:42
Expiration2019-12-24Open Time18:00
Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Dec 2019 HRC.Z19 or another symbol? Try our Free Future Trend Analysis Report.