Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
LUMBER (RANDOM LENGTH) Nov 2021 (CME:LBS.X21)
Strong Uptrend (+100) - LBS.X21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, LBS.X21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid LBS.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.X21
The long-term trend has been UP since Jan 28th, 2021 at 632.9
The intermediate-term trend has been UP since Mar 29th, 2021 at 720.0
The short-term trend has been UP since Apr 26th, 2021 at 1040.0
Smart Scan Analysis for LBS.X21
Based on our trend formula, LBS.X21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).