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GUMBY9662C

SLX I do not like this negative divergence in the steel sector

Short
VanEck Steel ETF (AMEX:SLX)  
GUMBY9662C  
AMEX:SLX   VanEck Steel ETF
Chart Patterns
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We closed the week back testing the range break. I initiated a short in X Friday. I am careful chasing after crowded trades these days and the Tariff sectors are very crowded. I also want to mention news out that GM cutting production of their Cruze. Low demand. That is an initial red flag auto sales in general might be sluggish.
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