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Future Trend Analysis Report

Prepared for you on Thursday, May 13, 2021.

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

Countertrend Up (+85) - LBS.K21 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.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
1590.0 1638.4 1570.0 1610.0 -20.0
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 up The intermediate-term trend has been UP since Jan 22nd, 2021 at 717.9

short term down The short-term trend has been DOWN since May 11th, 2021 at 1600.0

Smart Scan Analysis for LBS.K21

Based on our trend formula, LBS.K21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for LBS.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1590.0 1638.4 1570.0 1610.0 -20.0
Prev. Close Volume Bid Ask Time
1610.0 52 2021-05-12 15:55:45
Expiration2021-05-14Open Time10:00
Close Time17:00
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