iBankCoin
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Joined Apr 1, 2010
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A Top-Down View of the Sector

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I have mentioned STLD and some steel names of late. Looking at the sector across the board can help identify other long setups.

In particular, the weekly chart for NUE shows a potential base breakout after a multi-year period of being dead money since the 2008 crash. Keep an eye on this one going forward for strength with the sector.

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NUE

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