Lumber

Discussion in 'Commodity Futures' started by GlobalFinancier, Mar 19, 2006.

  1. H&S... Seems like the downtrend has been pretty strong, but this suggests further deterioration of prices.
     
  2. Oh God! Lumber. Somebody is actually interested in it. Let's see, if it opens lower tomorrow, buy it and then sell it at $330. That's all it's good for right now.
     
  3. It looks like it found a lot of support around $320 last Nov. and Dec., and the 200-week EMA is just north of $318.