Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
LUMBER (RANDOM LENGTH) Jan 2022 (CME:LBS.F22)
Bull Market Weakness (+75) - LBS.F22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on LBS.F22 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid LBS.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LBS.F22
The long-term trend has been UP since Oct 12th, 2021 at 804.1
The intermediate-term trend has been UP since Sep 3rd, 2021 at 600.3
The short-term trend has been DOWN since Oct 19th, 2021 at 786.6
Smart Scan Analysis for LBS.F22
Based on our trend formula, LBS.F22 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).