Lumber jumped above its last "short-term" pattern
in this enormous run.
Only pattern left with price data from 1972,
is an ugly vW to 940.5
"Expecting" it to hit 940.5 for some resistance there, but who knows.
Also, if doesnt pull back much, it could set up a bullflag to the $1400-$1500 area.
in this enormous run.
Only pattern left with price data from 1972,
is an ugly vW to 940.5
"Expecting" it to hit 940.5 for some resistance there, but who knows.
Also, if doesnt pull back much, it could set up a bullflag to the $1400-$1500 area.