If you look at the January lumber chart there appears to be some key points to keep an eye on. Lumber “ALWAYS FILLS ITS GAPS ! “Based on my interpretation we could see $1250 as there is a gap in that area . We also have a gap lower at $675 area. It appears the parameters have been set. In Conclusion, The current market isn’t over yet and wouldn’t be surprised to see us eventual fill the upside gap . Is it $1250 or $675 . Only time will tell . Happy Trading.
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@Michael_Haas with volatility like that I’d expect you to be talking about Bitcoin, not lumber.
I can’t believe we could be heading back to the insane price levels like this again!
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