What is Lumber Signalling?

Lumber has been decimated over the last 3 weeks.

With housing data coming out tomorrow along with PCE. Is this weak lumber chart signaling a continuation of yield strength moving up?

Does the market interpret the housing data as negative?

One thing is for sure interest rates should make a move tomorrow off of the data sets.
housinginflationlumberPCEtradingTrend AnalysisWOODyields
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