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Re: None

Friday, 06/30/2017 11:25:25 AM

Friday, June 30, 2017 11:25:25 AM

Post# of 53
The Steel ETF (SLX) did get a breakout with a close above resistance from the May-June highs. I suspect that US steel stocks are moving higher because of chatter regarding import duties. Regardless of the funny-mental reason, SLX shows support in the 35-37 area and a breakout at 38. This is enough to reverse the downtrend and suggest at the bigger uptrend is resuming.
BY ART HILL