Trend Trading: lumber commodity, lumber companies

Lumber is at all time highs

…and Boise Cascade (BCC)  appears to be topped out on the weekly chart, with resistance at $53.36. The High for the month of January was $53.32. This is a similar concept with all the commodities related stocks. Freeport McMoran (FCX), a copper miner, is at all time highs and so is the copper commodity.

Comments welcome.

Boise Cascade (BCC) weekly

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Freeport McMoran (FCX) weekly

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Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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