Future Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
LUMBER (RANDOM LENGTH) Mar 2019 (E) (CME:LBS.H19.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for LBS.H19.E
The long term trend has been DOWN since Jul 19th, 2018 at 418.1
The intermediate term trend has been DOWN since Sep 6th, 2018 at 390.0
The short term trend has been DOWN since Aug 22nd, 2018 at 432.0
Smart Scan Analysis for LBS.H19.E
Based on a pre-defined weighted trend formula for chart analysis, LBS.H19.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||528.7||Contract High Date||2018-05-18|
|Contract Low||345||Contract Low Date||2018-09-18|
|Estimated Volume||42||First Delivery||2019-03-29|