Future Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
LUMBER (RANDOM LENGTH) May 2018 (E) (CME:LBS.K18.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.
MarketClub’s Trade Triangles for LBS.K18.E
The long term trend has been UP since Sep 5th, 2017 at 385.1
The intermediate term trend has been DOWN since Mar 5th, 2018 at 476.7
The short term trend has been UP since Mar 16th, 2018 at 494.4
Smart Scan Analysis for LBS.K18.E
Based on a pre-defined weighted trend formula for chart analysis, LBS.K18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||520||Contract High Date||2018-02-21|
|Contract Low||364||Contract Low Date||2017-05-22|
|Estimated Volume||579||First Delivery||2018-05-31|