Lumber index DJUSFR & DJUSPP moving higher
Both Forestry and Paper US index Keep moving higher ... a 6 - 8 weeks into the upswing.
https://stockcharts.com/h-sc/ui?s=$DJUSFR&p=W&yr=1&mn=0&dy=0&id=p19982466946
https://stockcharts.com/h-sc/ui?s=$DJUSPP&p=W&yr=1&mn=0&dy=0&id=p48936024731
Yesterday some sector stocks saw some action in volume and in SP..
ex:
- WEF.TO : https://stockcharts.com/h-sc/ui?s=WEF.TO&p=W&yr=1&mn=0&dy=0&id=p85487417490
- IFP/A.TO : https://stockcharts.com/h-sc/ui?s=IFP/A.TO&p=W&yr=1&mn=0&dy=0&id=p06590571659
- WFT.TO : https://stockcharts.com/h-sc/ui?s=WFT.TO&p=W&yr=1&mn=0&dy=0&id=p97363617356
- NBD.TO : https://stockcharts.com/h-sc/ui?s=NBD.TO&p=W&yr=1&mn=0&dy=0&id=p71617864095
- ETR.V : https://stockcharts.com/h-sc/ui?s=ETR.V&p=W&yr=1&mn=0&dy=0&id=p36414187567
accumulation and action is going on since a while now, and some are just starting to see little action...
we may see in coming time SP testing, flirting or boucing off from resistance...
Sector is looking positive may pull but may also move higher.
keep a close eye in coming time...
Just TA, Dyodd!
Fratzy!