Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
LUMBER (RANDOM LENGTH) Sep 2021 (CME:LBS.U21)
Long-Term Uptrend (+90) - LBS.U21 is in a strong uptrend that is likely to continue. While LBS.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid LBS.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.U21
The long-term trend has been UP since Jan 22nd, 2021 at 659.4
The intermediate-term trend has been UP since Mar 9th, 2021 at 757.0
The short-term trend has been UP since Mar 19th, 2021 at 742.0
Smart Scan Analysis for LBS.U21
Based on our trend formula, LBS.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).