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Future Trend Analysis Report

Prepared for you on Friday, May 26, 2017.

LUMBER (RANDOM LENGTH) Jul 2017 (E) (CME:LBS.N17.E)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.N17.E
Open High Low LBS.N17.E Price Change
363.0 363.5 351.6 353.0 -8.9
Entry Signal

MarketClub’s Trade Triangles for LBS.N17.E

long term up The long term trend has been UP since Nov 28th, 2016 at 359.5

intermediate term down The intermediate term trend has been DOWN since May 10th, 2017 at 383.0

short term down The short term trend has been DOWN since May 19th, 2017 at 366.7

Smart Scan Analysis for LBS.N17.E

Based on a pre-defined weighted trend formula for chart analysis, LBS.N17.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for LBS.N17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
363.0 363.5 351.6 353.0 -8.9
Prev. Close Volume Bid Ask Time
352.5 648 2017-05-25 14:06:53
Contract High417.1Contract High Date2017-04-10
Contract Low326Contract Low Date2016-11-01
Estimated Volume97First Delivery2017-07-31
Expiration2017-07-14Open Time10:00
Close Time17:00
Want to analyze LUMBER (RANDOM LENGTH) Jul 2017 (E) LBS.N17.E or another symbol? Try our Free Future Trend Analysis Report.