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Future Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

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

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

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
735 735 735 735 +4
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 up The intermediate term trend has been UP since Jan 30th, 2019 at 699

short term up The short term trend has been UP since Feb 15th, 2019 at 724

Smart Scan Analysis for HRC.K19

Based on a pre-defined weighted trend formula for chart analysis, HRC.K19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for HRC.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
735 735 735 735 +4
Prev. Close Volume Bid Ask Time
726 5 2019-02-22 12:09:16
Expiration2019-05-28Open Time18:00
Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL May 2019 HRC.K19 or another symbol? Try our Free Future Trend Analysis Report.