Latest Lumber Futures Prices
|Last Price||Chge||% Chge||Open||High||Low||Volume||OI|
Lumber futures prices for 2013-06-17. End of day prices only.
Lumber Futures Chart Forecast
Latest LB Futures chart forecast for Lumber Futures. Prices for LB belong to our Commodity Futures Meats and Softs area, and are end of day only.
Lumber Futures (LB) - Trend Forecast
Updated on 2013-06-17 for Todays Trading Session.
Our futures trend forecast has indicated another TREND DOWN forecast today showing continuation of selling momentum.
To read further about this forecast see Forecasts Explained
If the commodity or futures price has failed to break below the first TREND DOWN forecast bar within this current sequence, look for a breakout below soon.
If the futures prices are already below the first forecast bar, look for a continuation of intraday breaks below forecast bar lows for trend conformation.
IN REVERSE, keep a look out for a trend failure (or reversal) with an end of day close ABOVE the high of a previous days TREND DOWN forecast bar.
Today's Lumber Futures Pivot Points
|Support 1||Support 2||Support 3||Pivot Point||Resist 1||Resist 2||Resist 3|
Those who participate in Lumber futures trading use pivot points to identify possible turning points in LB for the next trading day. Pivot points for LB futures prices are based on the previous days open, high, low and close prices. A simple calculation is then performed which provides you with possible support and resistance areas for futures trading. You can see pivot points for all other symbols within the Commodity Futures Meats and Softs section by visting each detailed price page.