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Future Trend Analysis Report

Prepared for you on Thursday, October 28, 2021.

LUMBER (RANDOM LENGTH) Nov 2021 (CME:LBS.X21)

Strong Downtrend (-100) - LBS.X21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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.

CME_LBS.X21
Open High Low LBS.X21 Price Change
621.7 632.4 610.7 613.0 -13.2
Entry Signal

MarketClub’s Trade Triangles for LBS.X21

long term down The long-term trend has been DOWN since Jul 1st, 2021 at 699.0

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2021 at 620.2

short term down The short-term trend has been DOWN since Oct 19th, 2021 at 745.0

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).

-100
Smart Scan Analysis for LBS.X21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
621.7 632.4 610.7 613.0 -13.2
Prev. Close Volume Bid Ask Time
626.2 146 2021-10-28 13:40:41
Expiration2021-11-15Open Time10:00
Close Time17:00
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