Courtesy of Chris Kimble.
Below looks at Steel ETF (SLX) over the past 10-years. As you can see below, SLX is testing the underside of several resistance levels.
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Should SLX succeed in breaking above this resistance cluster at (1), it should attract buyers.
Doc Copper is attempting to do the same (breakout from multi-year falling resistance).
Full Disclosure- Premium Members own US Steel (X) at this time.
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