$LUMBER Counts Well and Has an Additional Structure

The massive selloff in $LUMBER that at least temporarily ended in August counts quite well as a correction. Locally, I believe it is forming an inverse, and I have noted my target for that.

LUMBER


[UPDATE]: We have reached the target area. I will file this under “Successful Calls.” I will need to monitor the price action from here prior to making a new call.

LUMBER

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