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LighthouseCap23

Lumber - Unprecedented Historical Move

RANDOM LENGTH LUMBER FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) (CME:LBS1!)  
LighthouseCap23  
CME:LBS1!   RANDOM LENGTH LUMBER FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
Trend Analysis Chart Patterns Technical Indicators lumber breakout
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trendanalysis chartpattern indicator lumber breakout
$LUMBER - Pushing back towards all time highs, however the 12Month ROC is still extremely elevated, in the 99th percentile of all time, likely a bit extended and the supply/demand dynamics should start stabilizing as (knock on wood) these second wave of lockdowns ease up

-Lighthouse Capital, CMT, CFA

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