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UnknownUnicorn3162232
Feb 8, 2022 10:49 AM

#lumber #housing #housingmarket $LBS_F 

Description

Very limited action here. Wave B may still be in the works. Trucking issues could affect deliveries from Canada and raise prices, so the harmonic move may be done.
Comments
hortstu
I'm relatively new to following LBS. Do you have any explanation for why lumber is frequently moving in $45 increments lately? Most frequently gaps?
UnknownUnicorn3162232
@hortstu, Just the way it is priced, not as liquid as something like /es and often used for hedging lumber purchases but gives good clues into housing prices etc.
hortstu
@TradeWithDrJohn, TY.
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