Tuesday, December 3, 2019

#Lumber Review #LB_F

Lumber Review
Those that view the message of the market on daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bagholders of trend transitions.

Lumber's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

ALIGNMENT (Price & Volume)

Lumber's primary trend has been in consolidation for 2 two months. Price has entered a bull phase, but volume is lagging.

Lumber Primary Trend

ENERGY (Diffusion Index)

Lumber's energy profile is not statistically concentrated, but it's declining rapidly as price climbs. A bearish energy build forms when DI < -60. It becomes high energy when the computer highlights the build white.

Lumber's DI

Participation (ProIndex)

Not available.

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Market-driven money flow, trend, and intermarket analysis is provided by an Insights key.