Getting Close – But Not There Yet
Looking at the chart of lumber shows an extreme rise that is close to being parabolic, but isn’t there yet. I am not sure if we are about to first have a quick pullback before entering the final parabolic surge, or just tack on immediately to create the final parabolic surge? Either way, I think it is only a matter of weeks(possibly multiple) before it screams higher and marks a final blowoff top.