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Future Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

DOMESTIC HOT-ROLLED COIL STEEL Feb 2019 (NYMEX:HRC.G19)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.G19
Open High Low HRC.G19 Price Change
677 677 675 675 0
Entry Signal

MarketClub’s Trade Triangles for HRC.G19

long term down The long term trend has been DOWN since Nov 19th, 2018 at 764

intermediate term down The intermediate term trend has been DOWN since Nov 14th, 2018 at 786

short term down The short term trend has been DOWN since Feb 19th, 2019 at 676

Smart Scan Analysis for HRC.G19

Based on a pre-defined weighted trend formula for chart analysis, HRC.G19 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for HRC.G19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
677 677 675 675 0
Prev. Close Volume Bid Ask Time
678 28 2019-02-21 11:44:34
Expiration2019-02-26Open Time18:00
Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Feb 2019 HRC.G19 or another symbol? Try our Free Future Trend Analysis Report.