Ticker: NUE            
Direction: SHORT
Entry Price: 48.85
Current Price: 48.85

Description of Chart:
This is a fantastic opportunity to get short if you are bearish longer term on the stock market or materials. We are in a very small downward trending channel, we are looking for a break below this channel to start our decent to the lower blue trend line . We will have a few price levels that will be areas of interest for us, 45.20, 41.00 and finally 34.75 areas.

You can view all of my charts on my website if you are interested in a certain product. I also run a PAMM account that you can join, it is where you invest into an account managed by myself and I make the trades to make you profits.

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