Commodity Lumber Trading

Commodity Lumber is down 24,034 points in last 2 and half months. From an all-time high of 64,702 on Friday 18 May 2018, it is now at 42,028 at the time of writing this post. The low on last Friday 03 August 2018 was 40,667. The difference of 64,702 and 40,667 is 24,034 points. If you observe the last similar low on Monday 27 November 2017, it was 40,887. Last Friday’s low of 40,667 is very close to Monday 27 November 2017’s low of 40,887. The question is where to from here?

On 11-06-2018, in our Commodity Asset Class evaluation, we posted for Commodity Lumber, “Commodity Lumber has appreciated in Price from a recent low of 21,538 plotted on September 2015 to a recent high of 64,702 plotted last month May 2018. This is a humongous increase of 43,164 points. Commodity Lumber now is at a very critical position as per our Market Structure know-how. If it is now breaking the critical level of 54,319 as per our Breakout Rule, we can have a price objective target of 48,150” as shown below:

Commodity Lumber Trading 11062018

On 21-06-2018, in our Commodity Asset Class evaluation, we posted for Commodity Lumber, “Update to our Post dated 11.06.2018 for Commodity Lumber: Commodity Lumber has closed below the neckline at 53,414 for possible generation of a 5,000 Pips down move based on our Market Structure. On 19.06.2018 our Market Pattern has got implemented to capture the 5,000 Pips down move” as shown below:

Commodity Lumber Trading update 21062018

On 21-07-2018, in our Commodity Asset Class evaluation, we posted for Commodity Lumber, “Update to our Post dated 21.06.2018 for Commodity Lumber: Commodity Lumber has reached our Price objective of 5,000 Pips on week 29 (from 16-Jul-2018 to 20-July-2018) down from our Top reversal Head and Shoulder Market Structure as posted here on 11.06.2018 and 21.06.2018″ as shown below:

Commodity Lumber Trading update 21072018

Now learn how to trade Lumber as a commodity with us to explore the possibility of earning passive income keeping your day job. Commodity Lumber can be traded as a derivative.

Our Proprietary Commodity Trading Strategy will guide you through every step of your trading in a commodity like Orange Juice and explore the possibility of earning extra income. Learn what all other Commodities we are Trading in our Commodity Trading Asset Class. Develop yourself as a professional trader capable of capturing extra income in the future with us. Trade Commodity Lumber as a contract for difference.

To know how to Trade these type of Markets in future, please book your 30 minutes FREE session with us at Level 3, 2 Brandon Park Drive, Wheelers Hill, Victoria 3150.

Please click on the Contact Us link: Goo.Gl/2SRZoG

Call us at +61 3 9015 4858
email: info@npfinancials.com.au

 

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