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Future Trend Analysis Report

Prepared for you on Tuesday, March 2, 2021.

DOMESTIC HOT-ROLLED COIL STEEL Jun 2021 (NYMEX:HRC.M21)

Strong Uptrend (+100) - HRC.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, HRC.M21 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.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for HRC.M21.

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

NYMEX_HRC.M21
Open High Low HRC.M21 Price Change
1087 1111 1087 1107 +37
Entry Signal

MarketClub’s Trade Triangles for HRC.M21

long term up The long-term trend has been UP since Aug 31st, 2020 at 553

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2021 at 910

short term up The short-term trend has been UP since Feb 25th, 2021 at 1060

Smart Scan Analysis for HRC.M21

Based on our trend formula, HRC.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for HRC.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1087 1111 1087 1107 +37
Prev. Close Volume Bid Ask Time
1070 39 2021-03-02 11:15:44
Expiration2021-06-29Open Time18:00
Close Time17:00
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