NUE eyes on 106.54: key level for itself, materials in generalNucor just bounced into a major fib and key level.
Even the fib-blind are now keenly aware of this line.
This is a good sentiment read on the materials sector.
Plotted here are TWO different fib series.
1) THICK lines are its GENESIS sequence:
2) DASHED lines are the COVID STIMULUS wave:
Overlaying both fibs and highlighting the confluence zones gives us the live chart above.
