Holding core position after takinbg gains last week but looking tosee if bulls can break thru this recent breakthrough in uptrendlne. Technically a place to look for a sell off or failure of uptrend. Will wait to see how it resolves itself. Neutral for now.
either put on a long or covered their heavy short position. Either way makes you sit up and take notice when paired with movement in $VXX $FXY and FEAR of Fed tapering (the reality of tapering is another story)
Bullish with nice potential in ags sector post acquisition of Smithfield Foods
Short term long trade set up that should gain some strength in to a multi month move
Technicals shaping up nicely now in steel. I am very heavy long on algo metric with several holdings across steel sector.
Sell off could lure in shorts to fuel breakout and squeeze if money is, in fact, rotating into coal/cyclicals