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Future Trend Analysis Report

Prepared for you on Sunday, September 26, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Dec 2021 (NYMEX:HRC.Z21)

Crossroads (-60) - HRC.Z21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid HRC.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.Z21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYMEX_HRC.Z21
Open High Low HRC.Z21 Price Change
1515 1515 1505 1512 +9
Entry Signal

MarketClub’s Trade Triangles for HRC.Z21

long term up The long-term trend has been UP since Oct 26th, 2020 at 578

intermediate term down The intermediate-term trend has been DOWN since Sep 16th, 2021 at 1621

short term down The short-term trend has been DOWN since Sep 8th, 2021 at 1730

Smart Scan Analysis for HRC.Z21

Based on our trend formula, HRC.Z21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for HRC.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1515 1515 1505 1512 +9
Prev. Close Volume Bid Ask Time
1515 41 2021-09-24 15:57:10
Expiration2021-12-28Open Time18:00
Close Time17:00
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