Future Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
LUMBER (RANDOM LENGTH) Mar 2021 (CME:LBS.H21)
Countertrend Up (+85) - LBS.H21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LBS.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.H21
The long-term trend has been UP since Jun 23rd, 2020 at 392.5
The intermediate-term trend has been UP since Jan 25th, 2021 at 796.0
The short-term trend has been DOWN since Feb 26th, 2021 at 989.8
Smart Scan Analysis for LBS.H21
Based on our trend formula, LBS.H21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).