Lumber tanking 50% in a week. Why?

Discussion in 'Commodity Futures' started by Amun Ra, Sep 21, 2020.

  1. Scataphagos

    Scataphagos

    Maybe that. Saw on the financial news that lumber had gone from $337/1000 bf to >$900... adding $16k to the price of an average new house.
     
    #11     Sep 22, 2020
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  2. CannonTrading_Ilan

    CannonTrading_Ilan Sponsor

    Thin marker....look at daily chart and the daily volume on it.,.....sitting on the 50% FIB level

    upload_2020-9-22_7-11-52.png
     
    #12     Sep 22, 2020
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  3. Windlesham1

    Windlesham1

    Wooden coffins no longer needed- they use recycled cardboard
     
    #13     Sep 26, 2020
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