Another one where I feel wednesday NAIL will retest the 200ema from market panic on rate hikes. At this time I will add to a swing position and feel strong upside potential in a short time frame. Lumber futures are about to go crazy and although rates are higher this is reality.
The Fed money tightening policies are using interest-rates as a lever to fix a balance sheet problem. Higher rates feed right back into the CPI, initiating the doom loop. After the financial crisis of 2008, The Fed employed a policy action to reduce the federal funds rate to a range of 0-0.25% for seven-(7) years, during which time the CPI fell. Post-pandemic...
This is a chart comparing the buying power of bitcoin against lumber costs so that we can see over time how bitcoin protects the purchasing power of your assets and ensures that the american dream does not become out of reach. Orange line is lumber to dollars. Red and green candles are lumber to bitcoin price adjusted to coexist on the same scale.
LBS - LUMBER - SHORT on 484 stop on 550