Lumber, Looking For Upside
Updated
Lumber may have completed a corrective structure (counts well as one). Unknown whether it is the first of two legs, or two legs already complete. Conservative interpretation thus aims for a 3-wave move to the orange box from here.
Comment
There is a typo on the chart. It's not C = A, it's C = 2x A at that level; nevertheless the point is the same, it's a good relationship.
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