Both steel and semis sold off last week. Both sectors couldn’t be different, with one leading the way towards innovation and the other a relic of the Victorian era. Needless to say, the market loves them both today.
Stop looking for reasons for these happenings, just embrace them. NASDAQS are surging ahead by 70, the Dow by 100, Russia is threatening war, and Trump is orange as fuck.
Life is good.
Steel was oversold last week. Look at the hybrid oscillator in Exodus. We do this stuff in real time.