/LB (lumber futures) hit the first price target for a quick 11% gain since Friday’s breakout above the downtrend line, followed by the typical reaction so far. T2 (934.50ish level) and T3 (1190.50ish, both unadjusted targets/actual resistance levels where a reaction is likely) remain the next & final targets at this time. Updated 30-minute chart below.
LB 30m July 7th