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Future Trend Analysis Report

Prepared for you on Friday, February 28, 2020.

LUMBER (RANDOM LENGTH) Nov 2020 (CME:LBS.X20)

Weak Uptrend (+65) - LBS.X20 is showing signs of weakening momentum to the upside. Monitor LBS.X20 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid LBS.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for LBS.X20.

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

CME_LBS.X20
Open High Low LBS.X20 Price Change
414.7 414.7 414.7 414.7 +2.8
Entry Signal

MarketClub’s Trade Triangles for LBS.X20

long term up The long-term trend has been UP since Jan 17th, 2020 at 402.4

intermediate term up The intermediate-term trend has been UP since Jan 17th, 2020 at 395.0

short term down The short-term trend has been DOWN since Feb 25th, 2020 at 425.1

Smart Scan Analysis for LBS.X20

Based on our trend formula, LBS.X20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for LBS.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
414.7 414.7 414.7 414.7 +2.8
Prev. Close Volume Bid Ask Time
395.0 1 2020-02-26 10:00:03
Expiration2020-11-13Open Time10:00
Close Time17:00
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