Lumber prices are looking lower after slicing through the 200-day Simple Moving Average (SMA). Former areas of resistance turned support may offer relief but bears appear to be in full control. A drop to the 600 level may be on the cards.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
