What is Lumber Signalling?
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.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.