Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

LUMBER (RANDOM LENGTH) May 2022 (CME:LBS.K22)

Sidelines Mode (+55) - LBS.K22 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.K22?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.K22.

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

CME_LBS.K22
Open High Low LBS.K22 Price Change
800.5 800.5 800.5 782.3 +22.1
Entry Signal

MarketClub’s Trade Triangles for LBS.K22

long term up The long-term trend has been UP since Oct 15th, 2021 at 810.0

intermediate term down The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 814.9

short term up The short-term trend has been UP since Sep 7th, 2021 at 610.0

Smart Scan Analysis for LBS.K22

Based on our trend formula, LBS.K22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for LBS.K22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
800.5 800.5 800.5 782.3 +22.1
Prev. Close Volume Bid Ask Time
800.5 1 2021-10-22 10:15:37
Expiration2022-05-13Open Time10:00
Close Time17:00
Get a free daily analysis and signals for LUMBER (RANDOM LENGTH) May 2022 (LBS.K22) - Request Your Free Report.