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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.

CME_LBS.U21
Open High Low LBS.U21 Price Change
939.3 960.1 939.3 952.1 +31.1
Entry Signal

MarketClub’s Trade Triangles for LBS.U21

long term up The long-term trend has been UP since Jan 22nd, 2021 at 659.4

intermediate term up The intermediate-term trend has been UP since Mar 9th, 2021 at 757.0

short term up 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).

+90
Smart Scan Analysis for LBS.U21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
939.3 960.1 939.3 952.1 +31.1
Prev. Close Volume Bid Ask Time
952.0 36 2021-04-09 15:59:54
Expiration2021-09-15Open Time10:00
Close Time17:00
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