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Future Trend Analysis Report

Prepared for you on Friday, January 15, 2021.

LUMBER (RANDOM LENGTH) May 2021 (CME:LBS.K21)

Sidelines Mode (+55) - LBS.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid LBS.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.K21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_LBS.K21
Open High Low LBS.K21 Price Change
620.0 620.0 597.9 608.5 -12.4
Entry Signal

MarketClub’s Trade Triangles for LBS.K21

long term up The long-term trend has been UP since Jul 9th, 2020 at 400.0

intermediate term down The intermediate-term trend has been DOWN since Jan 5th, 2021 at 628.0

short term up The short-term trend has been UP since Jan 14th, 2021 at 618.4

Smart Scan Analysis for LBS.K21

Based on our trend formula, LBS.K21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for LBS.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
620.0 620.0 597.9 608.5 -12.4
Prev. Close Volume Bid Ask Time
504.5 54 2021-01-15 16:00:38
Expiration2021-05-14Open Time10:00
Close Time17:00
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