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ArturoL
Feb 26, 2024 9:44 PM

Time for the metals to shine Long

Cleveland-Cliffs Inc.NYSE

Description

SP500 and Nasdaq are fighting with strong resistance levels. Most likely to pull back soon. In the mean time the metals are doing something interesting. Is going for the break out this time. It may pull back a bit before, but you can see a sort of cup and handle just under the upper vortex. SL triggers only if a weekly candle breaks through the support line at 19 and closes under it.
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