1D: IOTXUSD vs LUMBER...GOT WOOD? As above.
Interesting inverse correlation of LUMBER prices with IOTXUSD ....
When LUMBER prices drop to local low/bottom, IOTX seems to spike higher shortly after that.
Maximum bull run on IOTX happens soon after the crossover as LUMBER price action is on a major downswing and IOTX price action is on the up swing. Looks like this scenario might be playing out right now?
Will follow....
Good luck traders!