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Future Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

LUMBER (RANDOM LENGTH) Jan 2021 (CME:LBS.F21)

Long-Term Uptrend (+90) - LBS.F21 is in a strong uptrend that is likely to continue. While LBS.F21 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.F21?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.F21.

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

CME_LBS.F21
Open High Low LBS.F21 Price Change
633.0 657.4 633.0 648.4 +12.8
Entry Signal

MarketClub’s Trade Triangles for LBS.F21

long term up The long-term trend has been UP since May 8th, 2020 at 342.0

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2020 at 501.3

short term up The short-term trend has been UP since Nov 30th, 2020 at 632.1

Smart Scan Analysis for LBS.F21

Based on our trend formula, LBS.F21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for LBS.F21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
633.0 657.4 633.0 648.4 +12.8
Prev. Close Volume Bid Ask Time
540.2 300 2020-12-02 16:04:58
Expiration2021-01-15Open Time10:00
Close Time17:00
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