Steel demand is insane
Steel supply has been caught flat footed
I expect USS X to trend up quickly towards 35
Depending on timing and other market conditions ... I also expect this market to drop like a hammer if the economy takes a turndown
Steel supply has been caught flat footed
I expect USS X to trend up quickly towards 35
Depending on timing and other market conditions ... I also expect this market to drop like a hammer if the economy takes a turndown
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I had not entered this trade, as I have not entered any in months - - - - however, when the price action broke down and of the channel, the idea was dead on arrival.