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.
MarketClub’s Trade Triangles for LBS.K22
The long-term trend has been UP since Oct 15th, 2021 at 810.0
The intermediate-term trend has been DOWN since Oct 22nd, 2021 at 814.9
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).