RANDOM LENGTH LUMBER FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT)

LBS1! CME

TMoneyBidness

Just listened to a great interview on the Market Huddle podcast feat. Michael A. Gayed from the Lead / Lag report. Great interview! So one of his leading indicators discussed was the LBS/GLD ratio and it actually correlates quite well. Although it predicted the 2018 Christmas crash much more distinctly (with a slight trend break down to the trend line false...

CypherOne

When Lumber goes down and Gold goes up this can be an indicator of a coming market crash.

ratracer152

LL compared with Lumber future

dchua1969

At around 489 price level in Nov last year , I made a trade call to go long on this futures. Those who followed me would have made a 2 fold returns on this futures in 6 weeks or less time. Congratulations on that ! Now that it has dropped more than 30% from the peak at 900, I believe a 2nd rally is imminent. But whether it can break out of 900 price level as...

LighthouseCap23

$LUMBER - Pushing back towards all time highs, however the 12Month ROC is still extremely elevated, in the 99th percentile of all time, likely a bit extended and the supply/demand dynamics should start stabilizing as (knock on wood) these second wave of lockdowns ease up

Michael941

If I'm not mistaken they settle 3rd thurs of jan. If that's the case 800 by then. Overbought on every tf. Front contract shows gap filled from drop from ath. Money printer turned on. Not advice

dchua1969

Comparing the Lumber futures and ETF , watching the bullish moves and expecting it to go higher for the rest of 2020.

tdrake2139

Lumber (white) - Tan (Orange).

itsabdo

long for wave 5 from now

zhafrihandsome

Paras harga dalam bentuk uptrending. Jika dilihat, lumber sangat positive daripada beberapa minggu yg lepas. Kemungkinan harga lumber boleh menuju ke paras 970.9 sebelum membuat reversal. Namun harga yang uptrending, boleh ke dia menuju ke atas dan semakin ke atas lagi ? Tayor bagi pemegang kaunter kayu...

DrAkando

With heavy TARRIF putting on Chinese Lumber Products and Chinese Lumber Import accounts for more than 60% of American Supply, We are running out of LUMBER. People staying home from COVID spent even more on HOME IMPROVEMENT leading to the LUMBER shortest. The Price is dropping back though with the MACD crossing under,

TayFx

Lumber Futures: +192% 124 days, $LBS1!

jessyfuchs

So Lumber is acting weird never looked at it before so i went back and looks like the move will stay here but did his main push, next step is not another 100-200$ move like the last weeks RSI went to his max already 2 times

Abdel_karim

FOLLOW ME TO GET ALL THS IDEAS.

salsapete

Lumber has moved up in price more than two fold from a low of 248 in April 2020 to current levels above 600. Momentum to the upside is strong ( RSI near 70 level and 30 day > 50 day) . The bias continues to the upside ( all short term daily averages aligned up) . The All Time High price looms above at 648 . I am wondering if this soft commodity can do what...

pro_trader_onthetop

first of all LBS1 is over the VWAP so it's safe to buy and WE SEE a high volume wich makes a squeeze top direction so i recommend to buy right now

Brucewayne1688

first line of support at 445.6

abro.michael

Bonjour ! J'ai décidé cette fin de semaine de vous présenter cette analyse très intéressante avec un fort potentiel et une probabilité de gain. Analyse long terme sur le bois de construction. * Depuis avril 2020 le prix du bois a grimpé de plus de 50% après son plus bas de mars 2020 à 255$ US. Cette hausse se traduit malgré le covid-19 aux prévision macro...