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Future Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

LUMBER (RANDOM LENGTH) Jul 2019 (CME:LBS.N19)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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.N19
Open High Low LBS.N19 Price Change
324.7 328.3 320.9 326.0 +4.0
Entry Signal

MarketClub’s Trade Triangles for LBS.N19

long term down The long term trend has been DOWN since Apr 9th, 2019 at 344.8

intermediate term down The intermediate term trend has been DOWN since May 20th, 2019 at 321.1

short term up The short term trend has been UP since May 23rd, 2019 at 325.2

Smart Scan Analysis for LBS.N19

Based on a pre-defined weighted trend formula for chart analysis, LBS.N19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for LBS.N19
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
324.7 328.3 320.9 326.0 +4.0
Prev. Close Volume Bid Ask Time
411 251 2019-05-24 16:01:14
First Delivery2019-07-31Expiration2019-07-15
Open Time10:00Close Time17:00
Want to analyze LUMBER (RANDOM LENGTH) Jul 2019 LBS.N19 or another symbol? Try our Free Future Trend Analysis Report.