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Future Trend Analysis Report

Prepared for you on Thursday, July 20, 2017.

LUMBER (RANDOM LENGTH) Jul 2017 (E) (CME:LBS.N17.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.N17.E
Open High Low LBS.N17.E Price Change
396.5 403.0 396.5 403.0 +11.0
Entry Signal

MarketClub’s Trade Triangles for LBS.N17.E

long term down The long term trend has been DOWN since May 30th, 2017 at 348.8

intermediate term up The intermediate term trend has been UP since Jun 12th, 2017 at 366.6

short term up The short term trend has been UP since Jul 10th, 2017 at 367.2

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
396.5 403.0 396.5 403.0 +11.0
Prev. Close Volume Bid Ask Time
403 36 2017-07-14 13:05:41
Contract High417.1Contract High Date2017-04-10
Contract Low326Contract Low Date2016-11-01
Estimated Volume126First 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.