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July Lumber Futures

Lumber Futures Showing Early Signs of Major Market Low

uly lumber futures at the Chicago Mercantile Exchange on Tuesday gapped higher on the daily bar chart and hit a fresh four-week high of $256.40. Recent price action has also penetrated on the upside and negated a downtrend line drawn off the January high of $321.00. Bulls are now encouraged that a major market low […]

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