LUMBER Futures LongGood trending market but it has a negative roll of -3.5% per a month on futures.
Not a trade i will take at this time.
Lumber Market Yawns on Hurricane NewsMassive Hurricane wipes out billions of dollars of property and the lumber market just sits. What am I missing other than the flood of buyers you would think that would plunge in, so this could be an indicator of further slowing of building.
Lumber crash suggesting housing starting to roll over⤵️Lumber crash suggesting housing starting to roll over⤵️
Existing home sales falling⤵️
US 30 Year fixed mortgage rates going back making house loans expensive ⤴️
Lumber Thesis for 2024I feel like lumber could pull back or go sideways here as we keep failing to break out. If it goes as described we will see a breakout this summer. Speculative at best, not financial advice, DYOR.
Lumber Gap Fill @ $469, easy 4% ?
I have been watching lumber for sometime, I have been expecting this gap to fill. What happens from there I do not know. A possible accumulation range could form. There might be some scalp money here for someone short term. Not financial advice. DYOR.
Lumber Under Heavy Accumulation!We have multiple reasons to believe that lumber futures are being accumulated heavily here in 2023, with a very large spike in volume. And if you look at volume profile, you will see that a lot of transactions are happening at this price.
I have also confirmed with a local lumber supplier here in
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A representation of what an asset is worth today and what the market thinks it will be worth in the future.
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Frequently Asked Questions
The current price of Lumber Futures (Jan 2025) is 573.5 USD — it has fallen −0.43% in the past 24 hours. Watch Lumber Futures (Jan 2025) price in more detail on the chart.
The volume of Lumber Futures (Jan 2025) is 278.00. Track more important stats on the Lumber Futures (Jan 2025) chart.
The nearest expiration date for Lumber Futures (Jan 2025) is Jan 15, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Lumber Futures (Jan 2025) before Jan 15, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For Lumber Futures (Jan 2025) this number is 2.66 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for Lumber Futures (Jan 2025) shows that traders are closing their positions, which means a weakening trend.
Buying or selling futures contracts depends on many factors: season, underlying commodity, your own trading strategy. So mostly it's up to you, but if you look for some certain calculations to take into account, you can study technical analysis for Lumber Futures (Jan 2025). Today its technical rating is buy, but remember that market conditions change all the time, so it's always crucial to do your own research. See more of Lumber Futures (Jan 2025) technicals for a more comprehensive analysis.