Get started
Lumber (LBR)Lumber (LBR)Lumber (LBR)

Lumber (LBR)

No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

LUMBER trade ideas

Will Lumber Futures Shore Up the Stock Market Rally?Traders: Track a September contract breakout above 494.5. A decisive close above that level sets a rough target of 600 (shelf of former highs from last year). I’ll pass since I don’t trade lumber. (I like the bullish divergence forming on the 14-day RSI, though.) Whether you trade the futures contract or not, a rally for lumber is a rally for homebuilders and the broader stock market. Stay tuned for further bull market confirmation from the commodity space.
PEPPERSTONE:LUMBERLong
by USDSZL
Any Friend of the Trend is a Friend IndeedHey Traders 👋 As i search for a way to share my next trade I stumbled onto lumber (cash) and look at what just showed up a few weeks back my fellow speculators......... I'll leave it on the chart, allow you guys to do some researching and searching, (RE indicators) 😉 I must use this chart as I can't share my personal chart LBS1! but it is really the same difference. I just don't have to hide my charting techniques and fibonacci retracements, channels & drawings. First, a series of lower lows starting in late January, culminating in a bottom near $450 in mid-2021. Then notice that prices formed a hammer candlestick and bounced at $653.7, followed by another gain on Q4. That suggests lumber has established a higher low – the first step toward potentially resuming its uptrend. It could also be consistent with resolving a bullish move to the upside. Second, the March and May bounces occurred at this very important indicator that began in the last month. (In white on the chart) Interestingly, this line closely tracks price action giving it even more significance. Third, stochastics, rsi, & macd have dipped into an oversold condition. Lbs bounced under similar conditions (for example, late September or early October). Spx es1! nq1! dxy btcusd btc1! Please check out my modus operandi, my magnum opus, my war and peace. My chef-d'oeuvre masterpiece, my great work. My, soon to be, crowning achievement. My piece-de-resistance. You will find it linked below. Have a look, have a cigar, leave a like. Leave a trademark TradingView troll comment. It's a guide to the spx. 😉 Editor's choice in the making 😉. Comments???? Something Something encouraging and insightful? Let's master the markets together. The master and margarita.
PEPPERSTONE:LUMBERLong
by Poraquitutti
2