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Spread Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

LUMBER (RANDOM LENGTH) Jan 2022/Jul 2022 Spread (CME:LBS.F22_N22)

Long-Term Downtrend (-90) - LBS.F22_N22 is in a strong downtrend that is likely to continue. While LBS.F22_N22 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.F22_N22?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.F22_N22.

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

CME_LBS.F22_N22
Open High Low LBS.F22_N22 Price Change
120 120 120 120 +10
Entry Signal

MarketClub’s Trade Triangles for LBS.F22_N22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for LBS.F22_N22

Based on our trend formula, LBS.F22_N22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for LBS.F22_N22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120 120 120 120 +10
Prev. Close Volume Bid Ask Time
120 1 2022-01-14 11:13:55
Open Time10:00Close Time17:00
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