Charts Hitting Emerging Money’s Radar – Update 2 - InvestingChannel

Charts Hitting Emerging Money’s Radar – Update 2

GLEN, X:  Resource names may be building another round of momentum to take out recent highs after a sharp pullback took 25% off the run in names like US Steel. 

The chart in Glencore is similar in that late last week the charts began to stabilize.

Higher CRB and spot commodity prices today are driving big moves across the sector again.

xglen

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