STEEL, breaking above the downtrend, testing the key fibos
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Steel futures. A great world economy proxy Bouncing and testing all key fibonacci levels. Still, no higher highs, hence trend remains bearish (so as for the economy?)
註釋
reached the 38.2% fibo and retraced if the weekly Kijun is lost, 40/42$ area remains as key pivot area
註釋
reached support zone after rejecting at the 38.2% Fibo