• Skip to main content
  • Skip to footer

Jim Wyckoff

Dominate Your Market

  • Daily Morning Report
  • Meet Jim
    • Testimonials
  • Contact Jim
  • Sample Reports and Charts
  • FAQ
  • Jim’s educational e-books

Lumber, crude oil throw a curve ball at raw commodity bulls

September 10, 2020 by Jim Wyckoff

The lumber futures market has seen a dramatic price downdraft after hitting a record high just recently–including several days in a row of prices closing locked limit-down. The big and bearish V-Top reversal in lumber prices and the recent strong sell off in the crude oil futures market have cast a pall over the heretofore more optimistic raw commodity market bulls. If the raw commodity markets are to see continued price gains, crude oil, in particular, will have to see its price at least stabilize, if not start to trend higher again. Stay tuned!– Jim

Filed Under: Blog News, Jim's Morning Report, Uncategorized

Footer

Disclaimer

There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

Latest trending facts

Copyright © 2026 · Atmosphere Pro on Genesis Framework · WordPress · Log in