What is Lumber Signalling?

84
Lumber has been decimated over the last 3 weeks.

With housing data coming out tomorrow along with PCE. Is this weak lumber chart signaling a continuation of yield strength moving up?

Does the market interpret the housing data as negative?

One thing is for sure interest rates should make a move tomorrow off of the data sets.

Aviso legal

As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.