SPX has broken cycle support and will trigger a trend mode move if it fails to rally over that support move. This is a VERY important development as a trend move from these levels could look like the similar trigger shown in September 2008 on this chart if it were to occur.
Update: Lumber Prices Down 3% YoY
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Here is another update on lumber prices.
*SPECIAL NOTE:* The CME group discontinued the Random Length Lumber Futures
contract on May 16, 2023. I switched ...
9 hours ago

