With the US Dollar taking a hit Yesterday I bought X. The USD should continue down into a DCL. I suspect most commodity stocks will move higher inverse to the USD. AKS, HBM, might be other good choices. RSI is oversold and moving higher. 61.8% retrace is complete.
Comment:
78.6% Fibo has to hold here, or pattern is broken. Set stops below todays low.
Trade closed: stop reached:
78.6% didn't hole, so Im out
