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Future Trend Analysis Report

Prepared for you on Wednesday, April 24, 2019.

LUMBER (RANDOM LENGTH) May 2019 (CME:LBS.K19)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_LBS.K19
Open High Low LBS.K19 Price Change
318.2 319.8 311.1 313.9 -6.8
Entry Signal

MarketClub’s Trade Triangles for LBS.K19

long term down The long term trend has been DOWN since Apr 17th, 2019 at 331.0

intermediate term down The intermediate term trend has been DOWN since Apr 1st, 2019 at 359.9

short term down The short term trend has been DOWN since Apr 16th, 2019 at 336.8

Smart Scan Analysis for LBS.K19

Based on a pre-defined weighted trend formula for chart analysis, LBS.K19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for LBS.K19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
318.2 319.8 311.1 313.9 -6.8
Prev. Close Volume Bid Ask Time
405 662 2019-04-23 16:58:40
First Delivery2019-05-31Expiration2019-05-15
Open Time10:00Close Time17:00
Want to analyze LUMBER (RANDOM LENGTH) May 2019 LBS.K19 or another symbol? Try our Free Future Trend Analysis Report.