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Future Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Mar 2022 (NYMEX:HRC.H22)

Strong Uptrend (+100) - HRC.H22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HRC.H22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid HRC.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.H22.

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

NYMEX_HRC.H22
Open High Low HRC.H22 Price Change
1280 1280 1280 1281 +30
Entry Signal

MarketClub’s Trade Triangles for HRC.H22

long term up The long-term trend has been UP since Feb 3rd, 2021 at 695

intermediate term up The intermediate-term trend has been UP since Jun 15th, 2021 at 1175

short term up The short-term trend has been UP since May 28th, 2021 at 1080

Smart Scan Analysis for HRC.H22

Based on our trend formula, HRC.H22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HRC.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1280 1280 1280 1281 +30
Prev. Close Volume Bid Ask Time
1280 102 2021-06-22 07:51:12
Expiration2022-03-29Open Time18:00
Close Time17:00
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