MOnthly Lumber futures LB1! vs SPY
Looks to me like the last 7 times there has been a major trend line break in lumber futures it was a harbinger of what was to come in stocks. Worth keeping an eye on it.
PS: for the few folks out there who like EWT it suggests to me we have one last 5 wave up in lumbar to 55 then the sh=t hits the fan.
Looks to me like the last 7 times there has been a major trend line break in lumber futures it was a harbinger of what was to come in stocks. Worth keeping an eye on it.
PS: for the few folks out there who like EWT it suggests to me we have one last 5 wave up in lumbar to 55 then the sh=t hits the fan.
Kommentera:
Kommentera:
Lumber still positive.
www.tradingview.com/...vestors-not-traders/