goodguy
Short

Lumber breaks monthly uptrend line: Bearish for stocks.

CME:LBS1!   LUMBER FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)
See my previous post (link below) for longer term chart. If lumber keeps falling it favors stocks will too.
Comment: This is a monthly not weekly log chart
Comment: Price dropped below trendline then came back up to trendiness. Dropped today. Will it hold?

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