Powerful chart: Lumber vs SPY
Diupdate
MOnthly Lumber futures LB1! vs SPY
Looks to me like the last 7 times there has been a major trend line break in lumber futures it was a harbinger of what was to come in stocks. Worth keeping an eye on it.
PS: for the few folks out there who like EWT it suggests to me we have one last 5 wave up in lumbar to 55 then the sh=t hits the fan.
Looks to me like the last 7 times there has been a major trend line break in lumber futures it was a harbinger of what was to come in stocks. Worth keeping an eye on it.
PS: for the few folks out there who like EWT it suggests to me we have one last 5 wave up in lumbar to 55 then the sh=t hits the fan.
Komentar
Courtesy of the excellent chartist Jangseohee: 
Komentar
Komentar
Lumber still positive.Pernyataan Penyangkalan
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