1D: IOTXUSD vs LUMBER…GOT WOOD?

IOTX/USD COINBASE:IOTXUSD

Ambassadorj

As above.

Interesting inverse correlation of LUMBER prices with IOTXUSD ….

When LUMBER prices drop to local low/bottom, IOTX seems to spike higher shortly after that.

Maximum bull run on IOTX happens soon after the crossover as LUMBER price action is on a major downswing and IOTX price action is on the up swing. Looks like this scenario might be playing out right now?

Will follow….

Good luck traders!

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