Nov. Lumber just traded at $500…. 60 + Above the cash mkt

Lumber Futures

TECHNICAL LBX22 Daily Resistance at the 522 – 527 area, 9/20/22 & 9/21/22 highs Next level of resistance at the $575 area 9/12/22 high… Futures have grinded higher over the past 12 trade session, up roughly 25% off the low of $402.80. OI grew 257 position from 9/30/22 – 10/3/22 with futures trading at a…

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