Lumber revisited

I know nothing about the harvesting techniques of wood/lumber.

The post below the two dashed lines is over a year old.

These targets were generated from harmonic pattern recognition.

Notice, there are NO oscillators, moving averages, bands or anything like that .. just PRICE and TIME.

They were all hit … sometimes they work, sometimes they don’t.

There is no “back tested” or “could of, would of, should of”

Patterns exist for only one reason … to let you know when your wrong.

What comes next? I don’t know, find a pattern …

Bart

Main20150820213817

 

Main20150820214418

 

Main20150820214655



CLIFF NOTES: below is a weekly continuous contract of the lumber futures.  all the ratios come together at 241-242.  this is a very nice one….stay tuned. might/could find support a little lower and then it’s off to the races in/around here but the larger pattern is very nice.  appears bullish from a WOOD/CUT/Lumber Futures perspective.

Lumber Futures

Lumber Futures

WOOD - Timber ETF

WOOD – Timber ETF

CUT

CUT

Main20140531153734

One Comment on “Lumber revisited

  1. From: Bart’s Charts To: bretsnover@verizon.net Sent: Thursday, August 20, 2015 10:06 PM Subject: [New post] Lumber revisited #yiv3066262738 a:hover {color:red;}#yiv3066262738 a {text-decoration:none;color:#0088cc;}#yiv3066262738 a.yiv3066262738primaryactionlink:link, #yiv3066262738 a.yiv3066262738primaryactionlink:visited {background-color:#2585B2;color:#fff;}#yiv3066262738 a.yiv3066262738primaryactionlink:hover, #yiv3066262738 a.yiv3066262738primaryactionlink:active {background-color:#11729E;color:#fff;}#yiv3066262738 WordPress.com | BART posted: “I know nothing about the harvesting techniques of wood/lumber.The post below the two dashed lines is over a year old.These targets were generated from harmonic pattern recognition.Notice, there are NO oscillators, moving averages, bands or any” | |

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