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Future Trend Analysis Report

Prepared for you on Sunday, November 18, 2018.

LUMBER (RANDOM LENGTH) Nov 2018 (E) (CME:LBS.X18.E)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

CME_LBS.X18.E
Open High Low LBS.X18.E Price Change
336.3 336.3 315.6 329.0 +5.9
Entry Signal

MarketClub’s Trade Triangles for LBS.X18.E

long term down The long term trend has been DOWN since Jul 19th, 2018 at 465.5

intermediate term down The intermediate term trend has been DOWN since Sep 7th, 2018 at 393.6

short term up The short term trend has been UP since Nov 15th, 2018 at 336.0

Smart Scan Analysis for LBS.X18.E

Based on a pre-defined weighted trend formula for chart analysis, LBS.X18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for LBS.X18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
336.3 336.3 315.6 329.0 +5.9
Prev. Close Volume Bid Ask Time
329 62 2018-11-15 13:06:46
Contract High595.6Contract High Date2018-05-18
Contract Low299.9Contract Low Date2018-10-25
Estimated Volume62First Delivery2018-11-30
Expiration2018-11-15Open Time10:00
Close Time17:00
Want to analyze LUMBER (RANDOM LENGTH) Nov 2018 (E) LBS.X18.E or another symbol? Try our Free Future Trend Analysis Report.