Technical & Seasonal Lumber Chart

Lumber Futures

TECHNICAL September Daily Support at $630 area which is both the 20 & 40 day Moving averages. Expect for the mkt to try and fill the gap at $670.20 – $664.20 made last week o 7/14/22 Overall, OI continues to drop with both commercial longs and managed shorts in liquidation mode ahead of the new…

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