The /LB (lumber futures) swing trade just hit the preferred swing target* for a quick (one-week) profit of 12%. Consider booking partial or full profits and/or raising stops if holding out for additional gains. Previous (trade setup) and updated 60-minute charts below.

LB 60m Oct 6th

LB 60m Oct 6th

LB 60m Oct 17th

LB 60m Oct 17th

* The updated “preferred” price target was most recently highlighted here in Friday’s video, as was my preference to always book profits on long trades just shy of the actual resistance level you are targeting (my sell limit order was just filled at 520.40).