Recent: Lumber vs SPX.png
Lumber vs SPX.png
This goes into the Tom B thinks this is interesting column hope you do too. I posted this same chart on 3.17.14. This is an update. I know most of you are short term traders and may not care. The problem with long term charts like this one is that it takes a long term for them to play out. Just the same this, just like the last few charts I have posted, looks ominous to me. Of course it all could change in the next week or too. But if lumber continues down I think it will be a warning of at least of an intermittent term correction. Hope somehow this is helpful. Take care. Have a great upcoming weekend. Tom
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A similar idea on zero hedge.