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X … OBTW the LOW was 6.18. by chance, of course

Jerry – my good friend – hope the books are vibrating for you brotha! Here’s what I would do … WAIT for this to work itself out. My only “issue” is I want to see a 3 wave corrective move. We’ve only done one for now … rock on my friend, rock on … Bart

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Why Not …? US STEEL update …

10/20/2015 well I’ll be darned … the dog might bark. Sell Pattern forthcoming … trade what you see, not what you believe. NO ONE BELIEVES X will rally but how many SEE a PERFECT BUY PATTERN….   X is a dog … but, if you look at the picture painted, why not? Get out below […]

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Why Not …? US STEEL

X is a dog … but, if you look at the picture painted, why not? Get out below 10 and run w/ it? I saw the breakout earlier this year and thought we had a run going but it failed, big time into the lows shown. but taking a step back and looking at it […]

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US Steel (X) needs to hold current levels

Update: as you can see from the chart below, X did return to the breakout level (31.19) and bounced nicely.  However, it has since broken down back below.  I’m not that troubled by this event because it’s tracing out a very nice 3 wave corrective move that has, as of this blog post, completed.  Additionally, […]

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US STEEL – back to the neckline complete

  US Steel – X has gone back to the neckline.  Anywhere in the zone of 27-21 should begin another advance.  Am wrong if we get a daily close below the red trend line.           CLIFF NOTES: believe this breakout in X is real and it “should” come back down to […]

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US STEEL – classic return to the neckline approaching

CLIFF NOTES: believe this breakout in X is real and it “should” come back down to highlighted areas for another BUY.

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US Steel … defying kryptonite (?)

CLIFF NOTES: this break out looks real!  So, we have completed a pattern and would look to BUY in/around the 32 level as that should offer support and look to hold this for an investment…. a mirror image foldback is a great pattern to see and fine … basically a PATTERN comes into a level […]

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