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Lumber..... slingshot

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    Lumber..... slingshot

    If you haven't noticed, futures have tripled off the low, the chart pattern, is fascinating as i believe this will be duplicated throughout the commodity world. What's important to note is the pulldown sucking in everyone providing the energy for the move higher. This is contrary to the style of move we experienced in 2008, a phase transition, gradual ramp up of prices for 18 months. So even though price drops it can contain a bullish element. Just saying, but i believe we are headed for a low in April in grains.


    PS here's the explanation


    https://vimeo.com/158082296
    Last edited by macdon02; Aug 15, 2020, 11:29.

    #2
    Please let wheat not go any lower and ramp up from here.

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