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Future Trend Analysis Report

Prepared for you on Wednesday, October 18, 2017.

LUMBER (RANDOM LENGTH) Nov 2017 (E) (CME:LBS.X17.E)

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.

CME_LBS.X17.E
Open High Low LBS.X17.E Price Change
425.0 425.7 420.4 421.7 -6.8
Entry Signal

MarketClub’s Trade Triangles for LBS.X17.E

long term up The long term trend has been UP since Sep 5th, 2017 at 378.8

intermediate term up The intermediate term trend has been UP since Aug 31st, 2017 at 369.1

short term down The short term trend has been DOWN since Oct 18th, 2017 at 421.0

Smart Scan Analysis for LBS.X17.E

Based on a pre-defined weighted trend formula for chart analysis, LBS.X17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for LBS.X17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
425.0 425.7 420.4 421.7 -6.8
Prev. Close Volume Bid Ask Time
429 328 2017-10-18 12:10:26
Contract High434.4Contract High Date2017-10-17
Contract Low328.1Contract Low Date2017-05-31
Estimated Volume446First Delivery2017-11-30
Expiration2017-11-15Open Time10:00
Close Time17:00
Want to analyze LUMBER (RANDOM LENGTH) Nov 2017 (E) LBS.X17.E or another symbol? Try our Free Future Trend Analysis Report.