$LBS1! Lumber as an indicator something to watch $VIX $SPX

Lumber bouncing so far for 2023 is something to watch as previously lumber has been a key indicator of coming weakness in markets
If lumber should fail here and continue downward will it be foreshadowing the next leg of this bear market?
If lumber should fail here and continue downward will it be foreshadowing the next leg of this bear market?
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.
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.