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Spread Trend Analysis Report

Prepared for you on Tuesday, April 20, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Apr 2021/Dec 2021 Spread (NYMEX:HRC.J21_Z21)

Strong Downtrend (-100) - HRC.J21_Z21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid HRC.J21_Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.J21_Z21.

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

NYMEX_HRC.J21_Z21
Open High Low HRC.J21_Z21 Price Change
251 251 205 177 -73
Entry Signal

MarketClub’s Trade Triangles for HRC.J21_Z21

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for HRC.J21_Z21

Based on our trend formula, HRC.J21_Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for HRC.J21_Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
251 251 205 177 -73
Prev. Close Volume Bid Ask Time
179 6 2021-04-15 13:29:59
Open Time18:00Close Time17:00
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