Lumber futures have hit the resistance area near the SMA 200 The bottom pattern in Lumber has spurred a rally to resistance. Said pattern measures
Lumber futures continue out of the bullish pattern toward resistance Since we identified the bottoming pattern in Lumber (NFTRH 674’s Commodities segment back in September)
From NFTRH 674… If somebody can tell me how to effectively play Lumber I’d like to do so. A nice bottoming pattern taking shape here.
Lumber drops through support, tests it and fails I suppose it is the very picture of pent up economic reopening demand followed by the inevitable
Lumber (adj.): move in a slow, heavy, awkward way Okay, well Lumber has been heavy, I grant you. But it is not lumbering or awkward,