Well, it looks like lumber is either a leading or coincident indicator - see the following chart which plots lumber futures against the SPX on a monthly chart: https://bit.ly/15VlZxu.

In a January 14, 2025, Seeking Alpha article on lumber and the WOOD ETF, I concluded: WOOD’s twenty-year monthly chart shows that technical support is at the September 2022 $63.78 low, with ...

A shift in Fed monetary policy could trigger a significant move in the lumber futures arena. The chart dating back to August 2022 shows technical support levels at $502.50, $478, $430, and $400 ...

The three-year physical lumber futures chart highlights the first upside target at the July 2023 $593 per 1,000 board feet high. Above there, technical resistance is at the January 2023 $627 ...

If the chart of the weekly lumber futures price for the past two years was an EKG, the patient would be in need of a defibrillator, stat. Lumber futures closed Monday at $410.80 per thousand board ...

AM Tuesday, July 08.Lumber (CME)27,500 bd. ft.; $ per 1,000 bd. ft. ContractOpenHighLowLastChangeToday's VolumeMonday's Volume Est vol 1,433Mon.'s vol 1,433Open int 7,148Open Interest Change -26 ...

Lumber prices have soared nearly 140% over the last year as the best-performing commodity. Piper Sandler chief market technician Craig Johnson told Insider the charts show prices could gain 35% in ...

Updated Price for Lumber Physical (CME: LBK23). Charting, Price Performance, News & Related Contracts.

Lumber prices have had a wild roller-coaster type ride since front month futures hit $1000 on September 14, 2020.In the three ensuing months since then, spot lumber futures prices actually halved ...

Futures prices for lumber are down more than 70% from a March peak. By Ryan Dezember | Photographs by Landon Speers for The Wall Street Journal . Updated Sept. 27, 2022 6:58 pm ET.

Exchange operator CME Group Inc.CME-0.54 % decrease; red down pointing triangle is rolling out a new lumber futures contract aimed at boosting the trade in two-by-four derivatives, which has ...

My most recent Barchart article on the lumber market was in mid-August. September physical lumber futures were at the $530 per 1,000 board feet level. In that article, I wrote: Markets reflect ...