Lumber Forms Lower High

Lumber Continuous Futures ($LUMBER) did not have a good August. Lumber formed a lower high in early August and moved lower throughout the month. As a key component in housing, lumber should be watched for clues on the homebuilders and the economy. Other futures contracts available at Stockcharts.com include $ALUM, $GASO, $GOLD, $HOIL, $LUMBER, $NATGAS, $SILVER and $WTIC.

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