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Future Trend Analysis Report

Prepared for you on Tuesday, May 17, 2022.

LUMBER (RANDOM LENGTH) Sep 2022 (CME:LBS.U22)

Long-Term Downtrend (-90) - LBS.U22 is in a strong downtrend that is likely to continue. While LBS.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid LBS.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.U22.

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

CME_LBS.U22
Open High Low LBS.U22 Price Change
757.7 759.1 743.3 763.5 -5.7
Entry Signal

MarketClub’s Trade Triangles for LBS.U22

long term down The long-term trend has been DOWN since Apr 12th, 2022 at 761.0

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2022 at 788.6

short term down The short-term trend has been DOWN since Apr 25th, 2022 at 860.0

Smart Scan Analysis for LBS.U22

Based on our trend formula, LBS.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LBS.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
757.7 759.1 743.3 763.5 -5.7
Prev. Close Volume Bid Ask Time
770.7 15 2022-05-16 15:02:23
Expiration2022-09-15Open Time10:00
Close Time17:00
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