SonicDeejay

Lumber (Hitting Some Support Soon?)

CME:LBS1!   None
Updated View on Lumber (15 June 2021)

Lumber was cracy run (all time high) due to shortage of supply in recent months and it has since somehow relived.
The same move also trapped a lot of late chaser and now most of them must have wiped out.

I am expecting $900~$970 region will act as a good support region. So, now it is kinda late to sell, too early to buy in as we need a strong PA to show up.



DYODD, all the best and read the disclaimer too.
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