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Future Trend Analysis Report

Prepared for you on Monday, July 22, 2019.

DOMESTIC HOT-ROLLED COIL STEEL Sep 2019 (NYMEX:HRC.U19)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.U19
Open High Low HRC.U19 Price Change
608 608 607 607 -3
Entry Signal

MarketClub’s Trade Triangles for HRC.U19

long term down The long term trend has been DOWN since Nov 27th, 2018 at 732

intermediate term up The intermediate term trend has been UP since Jun 24th, 2019 at 598

short term up The short term trend has been UP since Jul 9th, 2019 at 583

Smart Scan Analysis for HRC.U19

Based on a pre-defined weighted trend formula for chart analysis, HRC.U19 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for HRC.U19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
608 608 607 607 -3
Prev. Close Volume Bid Ask Time
599 6 2019-07-19 09:21:50
Expiration2019-09-24Open Time18:00
Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Sep 2019 HRC.U19 or another symbol? Try our Free Future Trend Analysis Report.