Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Thursday, December 28, 2017

X Breaking Out

United States Steel has just broken out of its 8-year declining channel (shown with blue lines).  



click on image to enlarge



X's chart is quite tall numerically and while its black line channel is its master channel, it has multiple inclining channels to play in if FAANG and tech stocks start to roll over.


Trade well my friends

Alan


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