Future Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
LUMBER (RANDOM LENGTH) Mar 2022 (CME:LBS.H22)
Strong Uptrend (+100) - LBS.H22 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LBS.H22 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid LBS.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.H22
The long-term trend has been UP since Oct 12th, 2021 at 814.1
The intermediate-term trend has been UP since Nov 18th, 2021 at 771.7
The short-term trend has been UP since Nov 16th, 2021 at 670.0
Smart Scan Analysis for LBS.H22
Based on our trend formula, LBS.H22 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).