Possibility of a bearish bat forming on Lumber. Hedged more 2x1 long to short ratio until it hits Point C, then will reverse to 2x1 short to long ratio with stop on my short just above the previous all time high Point A.
There is no stopping OJ right now with the exception of the RSI is overbought on the daily and weekly. Current price is at a recent resistance top. Multiple scenarios at play here to make a killing!
