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alundgren98

Steel Crossing the 50 days MA

Short
U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures (COMEX:HRC1!)  
alundgren98  
COMEX:HRC1!   U.S. Midwest Domestic Hot-Rolled Coil Steel (CRU) Index Futures
Technical Indicators
2
1
indicator
Steel has crossed the 50 days MA for the first time since the start of the bull run back in august last year. That could mean a retracement to the 200 days MA at around $1500. Also, both RSI and MACD are weak relative to recent levels.

Idées en relation

alundgren98
Steel Bouncing at the 50 days MA
Clause de non-responsabilité

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