…Must come down. As this one year performance chart shows, lumber clearly outpaced all other asset classes by a wide margin (at least the many of which trade via futures contracts):
However, lumber futures have clearly been the worst performing asset class since the LL short trade was entered nearly a week ago and that reversion to the mean, which is still most likely in the very early stages of a much deeper correction, continues today. (Weekly & 1-day futures performance charts, followed by the updated LL daily chart):
