Monday, November 2, 2020

LSF21 Lumber Jan '21

 


LSF21 Lumber has corrected more than 60% of the advance, and has now found support around 440. Looking at the moving averages, Lumber looks like it wants to move higher, how high??????

DXZ20 U.S. Dollar Index Dec '20

 

DXZ20 has turned up above short term moving averages, may have formed a bottom.

MAXR Maxar Technologies Ltd

 

MAXR is right on the up trend line of support, although it's below the short term moving averages and the RSI is below 50. Next earnings release is due Nov 5/20. 😱