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Future Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

DOMESTIC HOT-ROLLED COIL STEEL MAY 2019 (NYMEX:@HRC.K19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.K19
Open High Low @HRC.K19 Price Change
639 641 639 641 +2
Entry Signal

MarketClub’s Trade Triangles for @HRC.K19

long term down The long term trend has been DOWN since Nov 27th, 2018 at 744

intermediate term down The intermediate term trend has been DOWN since Mar 27th, 2019 at 716

short term down The short term trend has been DOWN since May 20th, 2019 at 640

Smart Scan Analysis for @HRC.K19

Based on a pre-defined weighted trend formula for chart analysis, @HRC.K19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for @HRC.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
639 641 639 641 +2
Prev. Close Volume Bid Ask Time
639 6 639 641 2019-05-24 12:46:29
52wk High201852wk Low620
52wk Low Date2017-11-21Volatility11.57
Expiration2019-05-28
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL MAY 2019 @HRC.K19 or another symbol? Try our Free Future Trend Analysis Report.