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Future Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
LUMBER (RANDOM LENGTH) Jan 2023 (CME:LBS.F23)
Strong Downtrend (-100) - LBS.F23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, LBS.F23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid LBS.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for LBS.F23
The long-term trend has been DOWN since May 12th, 2022 at 775.0
The intermediate-term trend has been DOWN since May 6th, 2022 at 884.4
The short-term trend has been DOWN since May 12th, 2022 at 775.2
Smart Scan Analysis for LBS.F23
Based on our trend formula, LBS.F23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 625.9 | 625.9 | 625.9 | 636.9 | -0.4 |
| Prev. Close | Volume | Bid | Ask | Time |
| 625.9 | 1 | 2022-06-16 17:28:45 |
| Expiration | 2023-01-13 | Open Time | 10:00 |
| Close Time | 17:00 |