LUMBER_
Follow up on former Farmer post checking on where I come up with on Lumber:
LUMBER @ cycle LOW ? (this/next Month) while testing lower Purple Parabola & Horizontal Support. If Parabola/ HOR.SUP does not hold we could see a spike/flush much lower.
If 380-390 will not hold we will see 300 Suddenly Crash which would be some type of Cardiac Arrest for Lumber/Commodities while crash (and IF) – 22% . . . but then again . . . from >1300 this year alone it CRASHED 72% already makes it clearly in crashmode. How low is low?
IMO
Former Farmer? What the…..? I just checked my pulse. Whew….still pumping thank goodness. That was close. My grandpappy is the former Farmer (now deceased). I shall henceforth be known as the current Farmer.
Nice chart btw.
LOLOLOL
Sorry Current Farmer. Slip of the keybord.
Down and dirty into first half of 2023. Then watch it take off again into 2025. Then crash again.