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Future Trend Analysis Report

Prepared for you on Saturday, November 16, 2019.

DOMESTIC HOT-ROLLED COIL STEEL Dec 2019 (NYMEX:HRC.Z19)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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.Z19
Open High Low HRC.Z19 Price Change
545 545 536 545 +10
Entry Signal

MarketClub’s Trade Triangles for HRC.Z19

long term down The long term trend has been DOWN since Sep 4th, 2018 at 735

intermediate term up The intermediate term trend has been UP since Oct 24th, 2019 at 521

short term down The short term trend has been DOWN since Nov 14th, 2019 at 535

Smart Scan Analysis for HRC.Z19

Based on a pre-defined weighted trend formula for chart analysis, HRC.Z19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for HRC.Z19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
545 545 536 545 +10
Prev. Close Volume Bid Ask Time
512 18 2019-11-15 11:46:20
Expiration2019-12-24Open Time18:00
Close Time17:00
Want to analyze DOMESTIC HOT-ROLLED COIL STEEL Dec 2019 HRC.Z19 or another symbol? Try our Free Future Trend Analysis Report.