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Future Trend Analysis Report

Prepared for you on Tuesday, March 26, 2019.

DOMESTIC HOT-ROLLED COIL STEEL Aug 2019 (NYMEX:HRC.Q19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.Q19
Open High Low HRC.Q19 Price Change
724 724 715 717 -3
Entry Signal

MarketClub’s Trade Triangles for HRC.Q19

long term down The long term trend has been DOWN since Sep 7th, 2018 at 735

intermediate term up The intermediate term trend has been UP since Jan 30th, 2019 at 694

short term down The short term trend has been DOWN since Mar 25th, 2019 at 721

Smart Scan Analysis for HRC.Q19

Based on a pre-defined weighted trend formula for chart analysis, HRC.Q19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for HRC.Q19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
724 724 715 717 -3
Prev. Close Volume Bid Ask Time
710 12 2019-03-26 13:23:44
Expiration2019-08-27Open Time18:00
Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Aug 2019 HRC.Q19 or another symbol? Try our Free Future Trend Analysis Report.